State Bank cuts policy rate to 10.5%
Decision taken by Monetary Policy Committee, announced in latest policy statement
Decision taken by Monetary Policy Committee, announced in latest policy statement
Business leader stresses need for aggressive policies to support economic recovery
NFRA calls out ‘illegal promotions’ by lenders including Ping An Bank
Report highlights Pakistan will require around $27 billion annually to meet its obligations
Index gains nearly 800 points in early trading; rate cut exceeds market expectations
Given geopolitical tensions and ever-looming threat of external shocks, SBP cannot afford to lower its guard
Global market trends also played a key role in lifting investor sentiment
Business community and economists expect interest rate cut
Average weekly earnings were 5.2% higher in three months till Oct
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