MPC hikes policy rate to 17%

Top Stories World Pakistan Business Technology Entertainment Sports Health

MPC hikes policy rate to 17% Profit by Pakistan TodayView Full coverage on Google News

The State Bank of Pakistan (SBP) in a much anticipated MPC meeting has raised the policy rate by 100 basis points. The effective policy (target) rate now stands at 17%, which is its highest level in over 25 years. With this latest development, Pakistan now stands as the country with the 13th highest interest rate […]

MPC hikes policy rate to 17% - Profit by Pakistan Today

MPC increases rate by 100bps; says short-term costs of bringing down inflation lower than long-term costs of allowing it to become entrenched.MPC increases rate by 100bps; says short-term costs of bringing down inflation lower than long-term costs of allowing it to become entrenched.

SBP increases policy rate to 17pc to ‘anchor inflation’ - Business - DAWN.COM

Bloomberg - Are you a robot?

Central bank raised interest rate by 100bps in November 2022 to 16% — the highest since 1999Central bank raised interest rate by 100bps in November 2022 to 16% — the highest since 1999

SBP expected to raise rates by 100-200bps today to tame surging inflation

MPC stresses that it is critical to anchor inflation expectations and achieve the objective of price stabilityMPC stresses that it is critical to anchor inflation expectations and achieve the objective of price stability

SBP increases policy rate to 17pc

Pakistan increased its benchmark interest rate to 17%, the highest in more than 24 years, as the economy grapples with raging inflation, supply shortages,…

Pakistan Raises Key Rate to 24-Year High as Crises Mount | Financial Post

www.nasdaq.com

The State Bank of Pakistan (SBP) will likely hike the policy rate by around 100 basis points (bps) to 17% in today's Monetary PolicyThe State Bank of Pakistan (SBP) will likely hike the policy rate by around 100 basis points (bps) to 17% in today's Monetary Policy Committee (MPC) meeting ...

MPS Preview: Opting further slowdown? - Mettis Global Link

Page not found - Pakistan Observer

newswaali.com

SBP is scheduled to issue a monetary policy announcement on January 23, 2023 as the market is expecting another hike of 100 basis pointsSBP is scheduled to issue a monetary policy announcement on January 23, 2023 as the market is expecting another hike of 100 basis points

SBP to issue policy announcement on Jan 23; another hike of 100bps likely - Pkrevenue.com

Pakistan is in the middle of an economic crisis as inflation has soared and its forex reserves have depleted to a point where it can serve only three weeks of imports. Pakistan recorded 24.5 per cent inflation in December, higher from 23.8 per cent in November. Pakistan is in the middle of an economic crisis as inflation has soared and its forex reserves have depleted to a point where it can serve only three weeks of imports. Pakistan recorded 24.5 per cent inflation in December, higher from 23.8 per cent in November.

Pakistan's central bank hikes policy rate to 24-year high of 17% to battle inflation, food shortage - BusinessToday

KARACHI: The Monetary Policy Committee of the State Bank of Pakistan Monday raised the key interest rate by 100 basis points , taking it to 17% — the highest since October 1997.In his maiden...KARACHI: The Monetary Policy Committee of the State Bank of Pakistan Monday raised the key interest rate by 100 basis points , taking it to 17% — the highest since October 1997.In his maiden...

SBP raises key interest rate to 25-year high of 17%

Pakistan's central bank raised key rate by 100 basis points as expected as it struggles to rein in persistently high inflation. Eighteen of the 22 economists and market watchers surveyed by Reuters had said there would be a hike -- 14 of them predicted 100 basis points (bps), three expected 200 bps, and one said 150 bps. Four respondents expected rates to remain unchanged.Pakistan's central bank raised key rate by 100 basis points as expected as it struggles to rein in persistently high inflation. Eighteen of the 22 economists and market watchers surveyed by Reuters

Pakistan's central bank raises key rate by 100 bps to contain inflation | Deccan Herald

Just a moment...

Uniindia: Islamabad, Jan. 23 (UNI) The State Bank of Pakistan (SBP) on Monday decided to increase the policy rate by 100 basis points to 17 percent as the country continued to be in the grip of high inflation, according to the SBP.Islamabad, Jan. 23 (UNI) The State Bank of Pakistan (SBP) on Monday decided to increase the policy rate by 100 basis points to 17 percent as the country continued to be in the grip of high inflation, according to the SBP.

Pakistan increases policy rate by 100 basis points to anchor inflation

He said despite a slowdown in exports and remittances, our current account deficit during July-Dec stood at 3.7 billion dollars.

SBP announces to increase interest rate by 1 to 17 percent

Karachi, Jan 23 (SocialNews.XYZ) In line with market expectations, the State Bank of Pakistan (SBP) on Monday jacked up the benchmark interest rate by 100 basis points to 17 per cent - the highest since... - Social News XYZKarachi, Jan 23 (SocialNews.XYZ) In line with market expectations, the State Bank of Pakistan (SBP) on Monday jacked up the benchmark interest rate by 100 [...]

Pakistan hikes interest rate to 17%, highest since Oct 1997 - Social News XYZ

The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) on Monday announced an increase in interest rates of 100 basis points, bringing the rate to 17%.The State Bank of Pakistan's (SBP) Monetary Policy Committee (MPC) on Monday announced an increase in interest rates of 100 basis points, bringing the rate to 17%.

SBP raises interest rate by another 100bps, takes it to 17%

KARACHI: The State Bank of Pakistan (SBP) will announce the Monetary Policy Statement on Monday (Jan 23). The...KARACHI: The State Bank of Pakistan (SBP) will announce the Monetary Policy Statement on Monday (Jan 23). The...

MPS on Monday: Increase in key policy rate likely - Business & Finance - Business Recorder

Ahead of the two-day Monetary Policy Committee meeting of the Central Bank of Nigeria commencing on Monday (today), financial experts have expressed diverse views on possible outcomes of the rates.Ahead of the two-day Monetary Policy Committee meeting of the Central Bank of Nigeria commencing on Monday (today), financial experts have expressed diverse views on possible outcomes of the rates.

Interest rate hike likely as MPC meets today

money.usnews.com

Governor Jameel Ahmad will make the announcement one day after the MPC meeting, Central bank Governor Jameel Ahmad will make the announcement one day after the MPC meeting, Central bank

SBP to determine monetary policy on January 23 - Business - Dunya News

State Bank of Pakistan raised the target rate to 17%, a move expected by 25 of 43 economists in a Bloomberg survey. The majority of the economists had forecast a hike ranging from 75-200 basis pointsState Bank of Pakistan raised the target rate to 17%, a move expected by 25 of 43 economists in a Bloomberg survey. The majority of the economists had forecast a hike ranging from 75-200 basis points

Pakistan's State Bank raises key rate by 100 basis points as crisis mounts | Business Standard News

Just a moment...

KARACHI (Reuters) -- Pakistan's central bank on Monday raised its key interest rate by 100 basis points to 17% in a bid to rein in persistently high iCentral bank calls price stability crucial to sustainable growth

Pakistan lifts interest rate to 17% in battle against inflation - Nikkei Asia

www.streetinsider.com

In its last policy meeting in November the bank unexpectedly pushed up the rate by 100 bps to 16%In its last policy meeting in November the bank unexpectedly pushed up the rate by 100 bps to 16%

Pakistan cenbank raises key rate by 100 bps to contain inflation

Eighteen of the 22 economists and market watchers surveyed by Reuters had said there would be a hike -- 14 of them predicted 100 basis points (bps), three expected 200 bps, and one said 150 bps. Four respondents expected rates to remain unchanged.Eighteen of the 22 economists and market watchers surveyed by Reuters had said there would be a hike -- 14 of them predicted 100 basis points (bps), three expected 200 bps, and one said 150 bps. Four respondents expected rates to remain unchanged.

Pakistan's central bank raises key rate by 100 bps to contain inflation - The Economic Times

www.reuters.com

State Bank of Pakistan (SBP) increased the monetary policy rate by 100 basis points to 17 percent in order to check 'inflationary pressures'KARACHI: The State Bank of Pakistan (SBP) on Monday increased the monetary policy rate by 100 basis points to 17 percent in order to check 'inflationary

Monetary policy: SBP increases interest rate to 17pc

SBP Governor Jameel Ahmad, in his maiden monetary policy press conference after assuming charge in August, revealed that the committee has observed that SBP Governor Jameel Ahmad, in his maiden monetary policy press conference after assuming charge in August, revealed that the committee has observed that

Welcome To IANS Live - INTERNATIONAL - Pakistan hikes interest rate to 17%, highest since Oct 1997

The State Bank of Pakistan (SBP) will announce the monetary policy on January 23, 2023.

SBP to announce monetary policy on Jan 23 - Mettis Global Link

newswaali.com

The State Bank of Pakistan (SBP) on Monday increased its key policy rate by 100 basis points to 17 percent — the highest since October 1997The State Bank of Pakistan (SBP) on Monday increased its key policy rate by 100 basis points to 17 percent — the highest since October 1997 and as feared by t

SBP hikes policy rate to 17% - the highest level since 1997

SBP expected to raise interest rate by 100-200bps todaySBP expected to raise interest rate by 100-200bps today

SBP expected to raise interest rate by 100-200bps today - Business - Dunya News

SBP expected to raise interest rate by 100-200bps today

The State Bank of Pakistan (SBP) is expected to increase its benchmark interest rate in its meeting on January 23 to counter rising inflation and decreasing foreign reserves, a local daily reported on Sunday.The State Bank of Pakistan (SBP) is expected to increase its benchmark interest rate in its meeting on January 23 to counter rising inflation and decreasing foreign reserves, a local daily reported on Sunday.

SBP expected to hike interest rate by 100-200bps

Page not found - Mettis Global Link

Increases policy rate by 100 basis pointsIncreases policy rate by 100 basis points

SBP raises interest rate to 17%, highest in over two decades - Money - SAMAA

KARACHI – The State Bank of Pakistan (SBP) on Monday increased the benchmark interest rate by 100 basis points to 17%. In his maiden monetary policy pressKARACHI – The State Bank of Pakistan (SBP) on Monday increased the benchmark interest rate by 100 basis points to 17%. In his maiden monetary policy

SBP increases policy rate to 17pc

SBP raises interest rate to 17pc SBP raises interest rate to 17pc

SBP raises interest rate to 17pc - Business - Dunya News

The Monetary Policy Committee (MPC) of the SBP is scheduled to meet today to decide the key policy rate for the next month and a half.The Monetary Policy Committee (MPC) of the SBP is scheduled to meet today to decide the key policy rate for the next month and a half.

State Bank's MPC to meet today to decide key policy rate - Pakistan Observer

Just a moment...