SBP maintains status quo by keeping policy rate unchanged at 13.25%

MG News | November 22, 2019 at 05:38 PM GMT+05:00

0:00

November 22, 2019 (MLN): The Monetary Policy Committee of State Bank of Pakistan has decided to maintain the status quo by keeping the Policy Rate unchanged at 13.25%.

A meeting of the Monetary Policy Committee took place in Karachi today, whereby the committee decided upon the aforementioned action.

The outcome of the meeting was in line with market expectations, wherein several brokerage houses predicted the policy rate to remain at 13.25%.

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