SBP to announce monetary policy on March 18

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is meeting on March 18 to decide the fate of the key interest rate.

This highly anticipated meeting, the first since the election of a new government, will set the tone for the country’s economic trajectory in the coming months.

The Monetary Policy Committee, chaired by the State Bank Governor, will meet at 11:30 am to announce the interest rate for the next two months.

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Currently, the base interest rate is 22%.

The governor will announce the committee’s decision at a press conference.