Trends - interest rate - Business Recorder

Business & Finance

Monetary policy: how Pakistan's key interest rate has moved over time

Since 2016, the interest rate has moved in a wide band of 750 basis points

Published 24 Jan, 2022 08:18pm

Markets

KSE-100 finishes lower ahead of monetary policy announcement

Index down 0.21% on Monday

Published 24 Jan, 2022 07:31pm

Business & Finance

Monetary policy: SBP keeps policy rate unchanged at 9.75%

Several developments suggest demand moderating measures are gaining traction and have improved the outlook for inflation, says Monetary Policy Committee

Updated 24 Jan, 2022 05:59pm

Business & Finance

Monetary Policy Committee to meet on January 24, says SBP

Dr Baqir to address press conference after MPC meeting

Published 21 Jan, 2022 07:11pm

BR Research

Yields outlook

As expected, the T-Bill cut-off rates are down marginally in the first auction of 2022. The decline in yields is due...

Published 14 Jan, 2022 08:03am

World

Inflation-fighting rate hikes could increase rich-poor divide, IMF's Georgieva warns

Spillover impact on emerging markets .... can add fuel to the fire of divergence, says Fund's managing director

Updated 12 Jan, 2022 10:48pm

Business & Finance

Dollar higher on interest rate hike optimism

NEW YORK: The dollar climbed against a basket of currencies on Monday as recent employment data prompted some Wall...

Published 11 Jan, 2022 06:33am

Opinion

Export refinance: enough party!

Textile industry has been the greatest beneficiary of government’s concessions and subsidies throughout most of...

Published 09 Jan, 2022 07:05am

Markets

UK stocks fall as hawkish Fed triggers global sell-off

LONDON: UK shares dropped on Thursday, tracking a fall in global equity markets after minutes of the U.S. Federal...

Published 07 Jan, 2022 06:22am

Business & Finance

Dollar kicks off 2022 on higher note

NEW YORK: The US dollar rose against a basket of major currencies on Monday, the first trading day of the new year,...

Published 04 Jan, 2022 06:54am

Markets

Pakistan Rupee sees one of its worst years in 2021

Currency has lost a cumulative 38% in the last 4 years

Published 01 Jan, 2022 09:00pm

Markets

China cuts interest rate for first time in 20 months

BEIJING: China's central bank cut a benchmark interest rate on Monday for the first time in nearly two years in a ...

Published 20 Dec, 2021 12:58pm

Business & Finance

Businesspeople question policy rate hike, say cost of doing business will rise

KARACHI: Business community has sharply reacted on the second interest rate hike in 25 days, saying that rising cost...

Published 16 Dec, 2021 04:00am

Editorials

Policy rate hike

EDITORIAL: The Monetary Policy Committee (MPC) raised on 14 December 2021 the interest rate by 100 basis points ...

Published 16 Dec, 2021 04:00am

World

IMF warns of interest rate risks as global debt hits $226 trillion

WASHINGTON: Global debt surged to $226 trillion last year, its biggest one-year jump since World War Two, and will ...

Updated 15 Dec, 2021 09:33pm

Business & Finance

3rd successive hike: SBP increases key interest rate by 100 basis points, takes it to 9.75%

Interest rate has now cumulatively increased 275 basis points in the previous three announcements

Updated 14 Dec, 2021 05:11pm

Print

Fitch foresees further hike in interest rate

ISLAMABAD: The Fitch Ratings agency has anticipated further interest-rate hike for Pakistan. The ratings agency in...

Updated 09 Dec, 2021 09:49am

Markets

Gold firms as Omicron risks buoy safe-haven appeal

LONDON: Gold firmed near the $1,800 level on Monday as investors sought cover from the likely risks to the global...

Published 30 Nov, 2021 05:28am

Markets

Kenya central bank holds its benchmark lending rate at 7.0%

NAIROBI: Kenya's central bank held its benchmark lending rate at 7.0% on Monday, its Monetary Policy Committee said,...

Published 29 Nov, 2021 08:11pm

Business & Finance

Hike in interest rate to badly affect economy: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 23 Nov, 2021 03:54am

Business & Finance

Industrialists reject 150bps hike in policy rate

KARACHI: Industrialists have rejected 1.5 per cent hike in interest rates and demanded its reversal. President of...

Published 21 Nov, 2021 04:19am

Markets

SBP increases number of MPC meetings, releases schedule till June 2022

Central bank preponed its latest monetary policy announcement, but says efforts being made to enhance predictability of monetary policy actions

Updated 19 Nov, 2021 08:00pm

Business & Finance

Philippine central bank holds rates, but flags inflation risks in 2022

BORACAY: The Philippine central bank kept its benchmark interest rate at a record low on Thursday, maintaining...

Published 18 Nov, 2021 01:03pm

Business & Finance

SBP prepones monetary policy announcement, will now hold it on November 19

Says meeting brought forward in light of recent unforeseen developments that have affected the outlook for inflation and the balance of payment

Updated 16 Nov, 2021 08:12pm

Markets

Dollar eases from 16-month high as market seeks clues on Fed policy

TOKYO: The dollar eased back from near an almost 16-month high versus major peers on Monday, as traders awaited ...

Published 15 Nov, 2021 11:44am

Business & Finance

Pound at 20-month high vs euro

LONDON: Sterling rose to 20-month highs against the euro on Tuesday, driven by diverging interest rate expectations...

Published 27 Oct, 2021 04:50am

Print

IMF projects decline in Pakistan's gross debt

ISLAMABAD: The International Monetary Fund (IMF) has projected a decline in the government gross debt for Pakistan,...

Updated 14 Oct, 2021 10:26am

Business & Finance

Pound jumps

LONDON: Sterling rallied nearly 1% on Thursday after the Bank of England said two of its policymakers had voted for...

Published 24 Sep, 2021 04:40am

Business & Finance

Increased interest rate to hurt growth, job prospects: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum and ...

Published 23 Sep, 2021 04:35am

Print

CAD, inflation: Interest rate hiked by 25 bps to 7.25pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to raise the key...

Updated 21 Sep, 2021 10:05am