The State Bank of Pakistan (SBP) has announced a cut in the interest rate, bringing it down by 2%, from 15% to 13%. The decision was revealed during the Monetary Policy Committee (MPC) meeting chaired by the governor of the State Bank of Pakistan, marking the fifth consecutive reduction in …
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PSX surpasses 116,000 mark amid rate cut anticipation – SUCH TV
The stock achieved another milestone surpassing the 116,000-point mark for the first time during early trading, reflecting sustained investor optimism driven by expectations of a policy rate cut by the State Bank of Pakistan (SBP). Improving macroeconomic indicators such as robust remittance inflows, stable foreign reserves, and declining inflation have …
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