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Mettis Global News
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SBP to announce Monetary Policy on Friday

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March 27, 2019 (MLN): The State Bank of Pakistan will announce monetary policy for the next two months on Friday, March 29, 2019, through a press release.

The previous meeting of the Monetary Policy Committee (MPC) took place on January 31, 2019, where the central bank surprised the markets by opting for further contraction and pushing up the key rates by 25 bps, which brought the current rate to 10.25%.

The announced policy rate will be applicable from April 1, 2019.

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Posted on: 2019-03-27T10:14:00+05:00

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