SBP to Decide on Interest Rates on October 26 as Survey Signals Possible Hike
KARACHI: The Monetary Policy Committee of the State Bank of Pakistan (SBP) is scheduled to meet on October 26 to decide the future course of interest rates. According to a market survey, most participants expect the central bank to raise the policy rate. The survey shows that 61% of respondents anticipate an increase in interest rates. Of these, 54% expect a hike of 0.50 percentage points, while 7% foresee an...
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