SBP announces monetary policy for next quarter
Last updated on: 30 September,2018 08:48 am
The rate will be effective from Monday for the next two months.
(Web Desk) - State Bank of Pakistan has increased the key interest rate by hundred basis points, Radio Pakistan reported.
In a monetary policy statement on Saturday, the Central Bank said the new interest rate will be 8.5 percent.
The rate will be effective from Monday for the next two months.