Dossier
Jameel Ahmed
Coverage of Jameel Ahmed in the Nexus archive.
- 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.