Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Six-month KIBOR increases to 7.91%

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

September 21, 2021 (MLN): Following the rise in the policy rate, the Six-month KIBOR has been increased by 15 bps on Tuesday to stand at 7.91%.

On Monday, SBP raised the policy rate by 25 bps to 7.25% after 15 months. KIBOR on the same day was at 7.75%.

Cumulatively, since January 2021 to date, KIBOR has moved up by 56 bps.

On December 31, 2020, KIBOR stood at 7.35%.

The next monetary policy is due on November 26, 2021.

Copyright Mettis Link News

Posted on: 2021-09-21T12:43:06+05:00

26960