SBP to announce monetary policy on April 29
Business
Currently, the police rate stands at 22 percent
ISLAMABAD (APP) – The State Bank of Pakistan (SBP) will announce Monetary Policy on April 29 in a meeting of the Monetary Policy Committee (MPC).
The MPC will meet on Monday, April 29 to decide about the Monetary Policy, a press release issued by SBP said.
The central bank will issue the Monetary Policy statement through a press release on the same day, it added.
In previous meeting, SBP kept the policy rate unchanged at 22 percent for sixth time in a row.
The central bank took the decision as inflation stood at around 23.1% in February. The inflation rate in January was 28.3%.
