SBP to announce Monetary Policy on July 27

Dunya News

The bank is likely to keep the Interest rate unchanged at 7 percent.

KARACHI (Dunya News) - The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet on Tuesday, July 27, 2021 at SBP Karachi to decide about Monetary Policy.

According to a press release issued by the central bank, Governor State Bank of Pakistan, Dr. Reza Baqir, will give a press conference on the same day after the MPC meeting.

The bank is likely to keep the Interest rate unchanged at 7 percent.

Interest rate has remained unchanged since last one year. The bank, in June, 2020, lowered the interest rate by 1 percent to 7 percent.