SBP to announce policy rate on Dec 16
MG News | December 13, 2024 at 08:25 PM GMT+05:00
December 13, 2024 (MLN): The Monetary Policy Committee (MPC) of SBP will meet on Monday, December 16, 2024, to decide about the Monetary Policy, said a press release issued today.
Later on, SBP will issue the Monetary Policy Statement through a press release on the same day.
The majority of analysts expect the central bank to slash rates by 200bps to 13%.
Last time, the central bank surprised by delivering an aggressive rate cut of 250bps compared to the median estimate for a 200bps.
This time, despite having ample room, the SBP is expected to adopt a gradual approach, maintaining positive real interest rates and focusing on forward-looking inflation.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 156,177.82 367.85M | -0.00% -3.12 |
| ALLSHR | 95,630.38 1,498.37M | -0.06% -60.44 |
| KSE30 | 47,678.47 206.79M | -0.08% -35.92 |
| KMI30 | 229,682.22 174.86M | -0.02% -39.87 |
| KMIALLSHR | 64,366.76 638.47M | -0.08% -53.31 |
| BKTi | 41,922.80 89.51M | -0.11% -46.72 |
| OGTi | 31,735.79 16.87M | -0.80% -255.97 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 115,860.00 | 117,685.00 114,850.00 | -1230.00 -1.05% |
| BRENT CRUDE | 67.93 | 68.59 67.62 | -0.54 -0.79% |
| RICHARDS BAY COAL MONTHLY | 84.00 | 0.00 0.00 | -0.40 -0.47% |
| ROTTERDAM COAL MONTHLY | 93.50 | 93.50 93.50 | 0.15 0.16% |
| USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 63.97 | 64.67 63.69 | -0.55 -0.85% |
| SUGAR #11 WORLD | 16.23 | 16.59 16.23 | -0.33 -1.99% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Large Scale Manufacturing (LSM)
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()