Thursday, October 8, 2026 · Petrol Rs 396.65 · USD/PKR 277.05 · Gold Rs 434436/tola

Breaking

Veteran Indian Actor Nana Patekar Dies at 75 After Cardiac Arrest Pakistan Expects Qatari LNG Cargo Within Days as Winter Supply Risks Mount Gold Falls Rs3,100 to Rs434,436; Index Lower in Afternoon Trade Pakistan, IMF Reach Staff-Level Agreement on $1.2 Billion Financing IMF financial assistance on climate change and Pakistan Pakistan, Bahrain Vow to Take Trade and Economic Ties to ‘New Heights’ IMF Clears $1.2bn for Pakistan and Tells It to End the Fuel Subsidy DG ISPR Says Pakistani Troops Have Been in Saudi Arabia for Decades Diesel Is Now Cheaper Than Petrol After Two Weeks of Converging Supreme Court Bars Courts From Turning Divorce Pleas Into Khula Pakistani Among 36 Hurt as Houthis Strike Two Saudi Airports Pakistan Tells UN That India Backs the Taliban and Armed Groups Fazlur Rehman Sets Conditions Before He Will Mediate PTI Calls PM’s Dialogue Offer a ‘Mere Offer’ and Marches On Supreme Court Dismisses Sindh Plea Over Baldia Fire Acquittals ATC Indicts Imaan Mazari and Hadi Chattha Over 2024 Cricket Route Salaried Class Paid Rs144bn in Tax, Rs90bn More Than Shops and Property Pakistan Holds 48pc of the Region’s Poor, World Bank Reports Petrol and Diesel Converge: Rs394.83 Against Rs395.85 Gold Unchanged for a Second Session at Rs437,536 a Tola Veteran Indian Actor Nana Patekar Dies at 75 After Cardiac Arrest Pakistan Expects Qatari LNG Cargo Within Days as Winter Supply Risks Mount Gold Falls Rs3,100 to Rs434,436; Index Lower in Afternoon Trade Pakistan, IMF Reach Staff-Level Agreement on $1.2 Billion Financing IMF financial assistance on climate change and Pakistan Pakistan, Bahrain Vow to Take Trade and Economic Ties to ‘New Heights’ IMF Clears $1.2bn for Pakistan and Tells It to End the Fuel Subsidy DG ISPR Says Pakistani Troops Have Been in Saudi Arabia for Decades Diesel Is Now Cheaper Than Petrol After Two Weeks of Converging Supreme Court Bars Courts From Turning Divorce Pleas Into Khula Pakistani Among 36 Hurt as Houthis Strike Two Saudi Airports Pakistan Tells UN That India Backs the Taliban and Armed Groups Fazlur Rehman Sets Conditions Before He Will Mediate PTI Calls PM’s Dialogue Offer a ‘Mere Offer’ and Marches On Supreme Court Dismisses Sindh Plea Over Baldia Fire Acquittals ATC Indicts Imaan Mazari and Hadi Chattha Over 2024 Cricket Route Salaried Class Paid Rs144bn in Tax, Rs90bn More Than Shops and Property Pakistan Holds 48pc of the Region’s Poor, World Bank Reports Petrol and Diesel Converge: Rs394.83 Against Rs395.85 Gold Unchanged for a Second Session at Rs437,536 a Tola

Articles for tag: 16month, cuts, policy, Rates, SBP, SBP cuts policy rates to 16-month low

July 30, 2024

SBP cuts policy rates to 16-month low

KARACHI: In a bid to boost economic growth, Pakistan’s central bank cut its key interest rate by 100 basis points to a 16-month low of 19.5 percent. This move is aimed at supporting economic expansion within the range of 2.5-3.5% for the current fiscal year, which began on July 1, 2024. The State Bank of Pakistan (SBP) has now revised its policy rate to down for the second straight time in just seven weeks, reflecting a response to slowing inflation and a strengthening external economy. Notably, the country’s foreign exchange reserves currently stand at $9.1 billion, which is slightly higher

March 2, 2024

Inflation falls to 16-month low

Islamabad: Pakistan’s inflation fell sharply to 23.1% last month – the lowest rate in 16 months – due to a sharp decline in food inflation combined with a high base effect, creating room for a rate cut by the central bank . Inflation of 23.1% in February was still below both market and government expectations. A day earlier, the Treasury had forecast a range of 24.5% to 25.5% for the February reading. Food inflation, non-food inflation and headline inflation all slowed significantly, highlighting that the overall faster pace may now be starting to slow. The Pakistan Bureau of Statistics reported

Editor — Hamza Azhar Salam · Write to us with suggestions or tips

Powered by: Frontpage.dev

WP Twitter Auto Publish Powered By : XYZScripts.com