The State Bank of Pakistan on Monday announced that it will maintain the policy interest rate at 10.5%.
The decision was taken by the central bank’s Monetary Policy Committee after reviewing economic indicators and ongoing geopolitical developments in the Middle East.
The decision was made during the latest meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan.
According to the central bank, the committee carried out a detailed assessment of the country’s economic indicators, including inflation trends, growth outlook, and external sector conditions.
After reviewing the overall situation, the committee decided to keep the policy rate unchanged at 10.5%.
Middle East situation discussed
The committee also discussed the ongoing situation in the Middle East, which has created uncertainty in global markets.
Officials reviewed the potential economic impact of regional tensions, particularly their possible effect on energy prices, trade flows, and financial markets.
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