SBP cuts key policy rate by 200bps, slashes to 17.5 per cent
The State Bank of Pakistan’s Monetary Policy Committee (MPC) has made its sharpest rate cut since April 2020, reducing the key policy rate by 200 basis points to 17.5 per cent, effective September 13, 2024. In addition, this move reflects a faster-than-expected decline in inflation, fueled by delayed energy price
