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Pakistan raises benchmark interest rate to 21 pc
Updated : 3 years, 1 month ago IST
On Wednesday, the State Bank of Pakistan's Monetary Policy Committee increased the benchmark interest rate by 100 basis points, to 21 per cent.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 3 years, 2 months ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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Pakistan accepts one more IMF condition, agrees to increase interest rate
Updated : 3 years, 2 months ago IST
Pakistan has accepted another pre-condition of the IMF for the release of USD 1.1 billion in critical funding.
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High interest rate by State Bank of Pakistan to wreck country's economy
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], April 10 (ANI): After the State Bank of Pakistan "surprisingly" increased the interest rate by 250 basis points, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh said, this will put a halt to the economic and commercial activ
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Pakistan's public debt surges to Rs 40.3 trillion by end of October
Updated : 4 years, 5 months ago IST
Karachi [Pakistan], December 7 (ANI): Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed on Monday, and analysts said that rising interest rates is likely to drive debt servicing cost higher in months ahead.
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