The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement for next two months on Friday.
The Monetary Policy Committee of the SBP will meet on Friday (Nov 22) at the SBP Karachi for deliberation on key economic issues to decide about the monetary policy. Later on, the SBP will issue the Monetary Policy Statement.
In the previous meeting held on Sept 16, 2019, the committee decided to leave the policy rate unchanged at 13.25 percent as inflation projections for FY20 remained unchanged.
Analysts are expecting that the SBP will keep the policy rate unchanged at 13.25 percent in the upcoming monetary policy in view of higher inflation.
Copyright Business Recorder, 2019
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