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State Bank of Pakistan cuts key policy rate by 150 bps to 12pc

KARACHI : State Bank of Pakistan (SBP) on Saturday cut its key policy rate by 150 basis points to 12 percent for the sub
Published October 8, 2011 Updated October 8, 2011 11:32am
1 min
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By Imad Uddin
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SBP cut the rate by 50 basis points to 13.5 percent on July 30, also exceeding analysts' expectations.

 

Copyright Reuters, 2011

 

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