Karachi (Commerce Desk): The State Bank of Pakistan will announce its monetary policy today, with an important decision regarding the interest rate expected.
According to details, the Monetary Policy Committee meeting is being held under the chairmanship of the Governor of the State Bank, in which the benchmark policy rate for the next one and a half months will be determined.
Financial and business circles are closely watching the meeting, as any change in the interest rate could directly impact the economy, investment, and overall business activity.
It is worth noting that in the previous review, the State Bank kept the policy rate unchanged at 10.5 percent, while today’s meeting is expected to announce a final decision under the new monetary policy.