BUSINESSDAWN
Central bank keeps policy rate unchanged at 11.5pc
The State Bank of Pakistan’s Monetary Policy Committee (MPC) maintained the policy rate at 11.5% amid inflation pressures linked to the Middle East crisis and food price surges. The central bank projects inflation will decline to within its target range by mid-2026 if geopolitical tensions ease, while aiming for $20.2bn in foreign exchange reserves by December 2026.
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Adjacent reporting
- Central bank keeps policy rate unchanged at 11.5pc
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- Uncertainty in Gulf likely to keep policy rate unchanged
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- Pakistan Inflation Cools, Keeping Central Bank on Guard
- Consumer inflation rate eases slightly to 11.1pc in June due to lower energy, food prices: PBS