SBP issues advance calendar of MPC meetings for H2 2024

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

Add Mettisglobal as a Trusted Source on Google

0:00

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.

Copyright Mettis Link News

Related News

SBP keeps policy rate unchanged at 11.5%

SBP rejects claims linking Raast to money laundering

Cabinet seals NBP's new Chief

Name	Price/Vol	%Chg/NChg
KSE100	169,969.33 217.01M	0.22% 368.92
ALLSHR	102,892.63 587.53M	0.20% 206.37
KSE30	50,644.26 54.31M	0.37% 187.28
KMI30	243,608.50 54.80M	0.29% 708.93
KMIALLSHR	66,655.71 317.82M	0.13% 87.67
BKTi	47,135.99 14.01M	0.54% 251.49
OGTi	34,716.38 4.43M	-0.08% -29.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,210.00	84,365.00 83,220.00	270.00 0.32%
BRENT CRUDE	97.74	97.96 95.12	1.58 1.64%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	-0.50 -0.40%
ROTTERDAM COAL MONTHLY	141.00	141.00 137.95	3.70 2.69%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	90.72	90.91 88.58	1.34 1.50%
SUGAR #11 WORLD	18.62	19.12 18.58	-0.22 -1.17%