Pakistan Business Community Disappointed by SBP's Unchanged Policy Rate

Business circles in Karachi expressed disappointment after the State Bank of Pakistan (SBP) decided to keep its policy rate unchanged, calling for a cut in the next meeting to support industrial recovery, though some termed the decision 'balanced' and 'prudent'.

16 Jun, 02:30 — 16 Jun, 02:30

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DawnMostly Factual15d ago

Business circles disappointed over SBP rate pause

• Call for a cut in next MPC meeting to support industrial recovery • OICCI, PBC term SBP decision ‘balanced, prudent’ KARACHI: The business community on Monday expressed disappointment over the State Bank’s decision to keep the policy rate unchanged at 11.5pc, urging monetary easing to support growth, exports and investment amid easing inflation expectations. Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh said that a static policy rate in double ...

By none@none.com (The Newspaper's Staff Reporter)

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Pakistan Business Community Disappointed by SBP's Unchanged Policy Rate

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Business circles disappointed over SBP rate pause

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