SBP maintains main policy rate at 5.75pc

ISLAMABAD: State Bank of Pakistan (SBP) maintained the country's main policy interest rate at 5.75 percent on Saturday, according to a statement from the bank, citing overall macroeconomic stability and relatively stable consumer inflation.

"This manageable inflationary environment over the near-term bodes well for the current growth momentum," the SBP said.

Pakistan's year-on-year consumer inflation rose to 4.21 percent in October, the bureau of statistics announced earlier this month.