State Bank announces monetary policy, interest rate unchanged – Ummat News

State Bank announces monetary policy, interest rate unchanged – Ummat News

Inflation stood at 27.4 percent in August, file photo

Thursday, September 14, 2023, 5:11 p.m

Breaking News, National, Commerce

Karachi: State Bank of Pakistan has announced the monetary policy.

According to private TV, the State Bank has decided to maintain the interest rate, for the next 2 months the interest rate will remain at 22%. In May of this year, inflation increased at a rate of 38%, and in August, inflation reached 27.4%.

See also  Italy’s new rules for ChatGPT could become a template for the rest of the EU

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

On Key

Related Posts