SBP issues advance calendar of MPC meetings for H2 2024

MG News | July 23, 2024 at 04:48 PM GMT+05:00

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July 23, 2024 (MLN): The State Bank of Pakistan (SBP) has issued the advance calender of monetary policy committee meetings for the second half of 2024.

In this regard, the dates for the next four meetings are as follows:

Monday, July 29, 2024, followed by Press Conference
Thursday, September 12, 2024
Monday, November 04, 2024
Monday, December 16, 2024

To note, in the last MPC meeting held on June 10, the committee slashed interest rates by 150 basis points (BPS) to 20.5% after holding it at a record 22% for a year.

The reduction was the first in almost four years after what has been the most aggressive fight against soaring inflation.

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Name	Price/Vol	%Chg/NChg
KSE100	182,338.12 413.82M	-3.21% -6042.27
ALLSHR	109,608.81 925.54M	-2.68% -3023.77
KSE30	55,927.16 188.62M	-3.63% -2105.04
KMI30	257,527.86 176.88M	-3.62% -9670.01
KMIALLSHR	70,368.23 498.17M	-2.91% -2107.89
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,765.00	89,385.00 87,585.00	-1315.00 -1.48%
BRENT CRUDE	69.63	70.35 68.61	1.23 1.80%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.35 -2.64%
ROTTERDAM COAL MONTHLY	98.50	0.00 0.00	-0.20 -0.20%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	64.45	65.09 63.28	1.24 1.96%
SUGAR #11 WORLD	14.76	14.79 14.67	0.05 0.34%