BUSINESS/FINANCE
State Bank Keeps Interest Rate Unchanged at 11%
The State Bank of Pakistan (SBP) announced its new monetary policy on Monday, keeping the benchmark interest rate steady at 11%.
The decision was taken during the Monetary Policy Committee (MPC) meeting, chaired by SBP Governor. According to the official statement, the rate was maintained in line with the central bank’s assessment of inflation trends and overall economic conditions.
The SBP highlighted that inflation is gradually easing, while stability in external accounts remains a priority. The unchanged policy rate is aimed at supporting sustainable economic growth without triggering further inflationary pressure.