Trends - Monetary Policy Committee

Monetary Policy Committee

No road leads to 21 percent

Since the beginning of current financial year, the State Bank of Pakistan has maintained the benchmark interest rate...

Published 05 Dec, 2023 07:51am

World

British cos most confident since February 2022: Lloyds

LONDON: British businesses were their most optimistic in almost two years in November, boosted by growing hopes ...

Published 01 Dec, 2023 04:43am

Business & Finance

SBP keeps key policy rate unchanged at 22%

In line with the wider market consensus, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP)...

Updated 30 Oct, 2023 07:53pm

Business & Finance

MPS tomorrow

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday to decide about...

Published 29 Oct, 2023 03:25am

Business & Finance

Monetary policy announcement due on Monday, market places faith in status quo

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, October 30, 2023 at SBP...

Published 29 Oct, 2023 02:00am

Business & Finance

PALSP urges SBP to lower interest rates

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) is urgently calling upon the State Bank of Pakistan...

Published 26 Oct, 2023 06:08am

Editorials

No respite from ever-rising inflation

EDITORIAL: Consumer Price Index (CPI) rose by 4 percentage points in September – 31.4 percent year on year against...

Updated 05 Oct, 2023 06:43am

Policy rate kept unchanged on economic indicators: SBP official

KARACHI: The latest episode of the SBP Podcast series offers insights into the factors leading to the decision,...

Updated 24 Sep, 2023 09:14am

In a surprise move, policy rate kept unchanged

KARACHI: As against the market expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan has...

Updated 15 Sep, 2023 09:51am

Markets

SBP keeps key policy rate unchanged at 22%

Contrary to market expectations, Monetary Policy Committee maintains status quo
Stresses on maintaining prudent fiscal stance to keep aggregate demand in check

Updated 14 Sep, 2023 09:00pm

Business & Finance

Market divided over extent of interest-rate increase as SBP meets on Thursday

Experts have suggested a rate hike between 100 to 300bps is on the cards

Updated 13 Sep, 2023 08:24pm

Business & Finance

Another brokerage house expects 200bps hike in key policy rate

Topline Securities also sees PKR/USD in inter-bank market to be in range of Rs320-340 by June 2024

Published 08 Sep, 2023 05:37pm

Business & Finance

Brokerage house sees interest-rate hike of 150bps as inflation bites

Arif Habib Limited says SBP might consider increasing interest rates as a precautionary measure to address persistently high levels of inflation

Updated 07 Sep, 2023 03:50pm

Business & Finance

SBP says emergency MPC meeting reports baseless

Central bank says premature to forecast future policy rate

Updated 01 Sep, 2023 02:25pm

Markets

Analysts expect rate hike of up to 300bps in SBP’s monetary policy announcement

High inflation and currency depreciation seen as reasons behind expected increase in key policy rate

Updated 31 Aug, 2023 07:28pm

Markets

India’s central bank holds key rate steady as expected

MUMBAI: The Reserve Bank of India held its key lending rate steady on Thursday as widely expected, as inflation...

Published 10 Aug, 2023 10:17am

Opinion

Path of maximum uncertainty

The market’s given a roaring farewell to the coalition government (up about 20pc since the SBA) but – write this...

Published 10 Aug, 2023 06:35am

BR Research

Bad vibes only

Sounding rather pleased with itself, in its latest statement of the Monetary Policy Committee (MPC), the SBP...

Published 03 Aug, 2023 08:51am

Business & Finance

Policy rate kept unchanged as economic uncertainty ebbs

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate...

Published 01 Aug, 2023 06:19am

Pakistan

SBP keeps key policy rate unchanged at 22%

Governor Jameel Ahmad announces Monetary Policy Committee's decision in press conference

Updated 31 Jul, 2023 06:43pm

Markets

Status quo likely in upcoming MPC meeting, say brokerage houses

AHL and Topline believe key policy rate expected to remain at 22%

Updated 20 Jul, 2023 03:23pm

Editorials

The IMF speaks!

EDITORIAL: The International Monetary Fund (IMF) uploaded documents on its website relating to the agreement reached...

Published 20 Jul, 2023 03:12am

Pakistan

IMF urges Pakistan to continue monetary policy tightening cycle

Tightening cycle should continue if needed to reduce inflation and facilitate external rebalancing, says staff report

Published 18 Jul, 2023 10:56pm

Editorials

The battle for TERF

EDITORIAL: Temporary Economic Refinance Facility (TERF) was a concessionary finance scheme that was offered to...

Updated 07 Jul, 2023 11:01am

Editorials

Policy rate hike

EDITORIAL: Monetary Policy Statement (MPS), has not been much successful in justifying the 100 basis point increase...

Published 02 Jul, 2023 03:13am

Policy rate hiked by100 bps to 22pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its emergency meeting held on...

Updated 27 Jun, 2023 09:02am

Editorials

Interest rates: the policy debate

EDITORIAL: The Monetary Policy Committee’s (MPC) decision to keep the policy rate unchanged at 21 percent came as...

Published 14 Jun, 2023 06:21am

Business & Finance

SBP leaves policy rate unchanged

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate...

Updated 13 Jun, 2023 12:26pm

Markets

SBP keeps key interest rate unchanged at 21%

Monetary Policy Committee views inflation to have peaked in May and, barring any foreseen developments, expects it to start falling from June onwards

Updated 12 Jun, 2023 06:19pm

Markets

Bank of England cannot rule out more rate rises, MPC’s Haskel says

LONDON: The Bank of England may need to raise interest rates more than once from their current level of 4.5% to...

Published 12 Jun, 2023 12:11pm

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 5 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
Popular Islamic / Dec 5 Popular Islamic Modaraba(PIM)	10.50 ▲ 1.00 (10.53%)
Bawany Air Products / Dec 5 Bawany Air Products Limited(BAPL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Dec 5 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 5 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Sakrand Sugar / Dec 5 Sakrand Sugar Mills Limited(SKRS)	9.94 ▲ 0.71 (7.69%)
Tariq Corporation / Dec 5 Tariq Corporation Limited(TCORP)	19.18 ▲ 1.34 (7.51%)
Matco Foods Ltd / Dec 5 Matco Foods Limited(MFL)	37.86 ▲ 2.64 (7.50%)

Stock	Price
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	6.45 ▼ -0.70 (-9.79%)
Power Cem(Pref) / Dec 5 Power Cement (Pref)(POWERPS)	7.80 ▼ -0.80 (-9.30%)
Unicap Modaraba / Dec 5 Unicap Modaraba(UCAPM)	1.81 ▼ -0.16 (-8.12%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	26.11 ▼ -2.12 (-7.51%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 5 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Olympia Mills / Dec 5 Olympia Mills Limited(OML)	16.31 ▼ -1.31 (-7.43%)
F.Credit & Inv / Dec 5 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Philip Morris Pak. / Dec 5 Philip Morris (Pakistan) Limited(PMPK)	510.70 ▼ -39.30 (-7.15%)
Saif Textile / Dec 5 Saif Textile Mills Limited(SAIF)	10.22 ▼ -0.77 (-7.01%)

Stock	Volume
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	58,087,694 ▲ 0.24
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.28
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	30,480,397 ▲ 1.12
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	28,170,500 ▲ 0.47
Hascol Petrol / Dec 5 Hascol Petroleum Limited(HASCOL)	26,337,000 ▲ 0.36
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	26,128,740 ▲ 0.52
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.28
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.58
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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Monetary Policy Committee

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