Bank of England hikes rate despite banking turmoil LONDON: The Bank of England on Thursday hiked its interest rate for the eleventh time in a row, as policymakers seek... Published 23 Mar, 2023 06:17pm
Print Auction for MTBs: Rs1.57trn raised against Rs1.8trn target KARACHI: The returns on short-term government papers rose to 21 percent in the auction held Wednesday, mainly due to... Updated 09 Mar, 2023 08:54am
Print Policy rate hiked by 300bps to 20pc to tame inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday increased the key... Updated 03 Mar, 2023 08:53am
Print Steel industry concerned at interest rate hike ISLAMABAD: The steel industry, on Thursday, urged the government to take immediate action to ensure the availability... Updated 03 Mar, 2023 09:01am
Print MPC to meet today KARACHI: The emergent meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be ... Updated 02 Mar, 2023 09:13am
Pakistan Hikes in interest rate appear to be redundant: business community In letter to SBP governor, FPCCI questions policy rate efficacy in curbing inflation Updated 01 Mar, 2023 06:50pm
Print MPC to meet tomorrow: Hike in policy rate on the cards? KARACHI: The SBP’s Monetary Policy Committee (MPC) meeting has preponed and now it will be held on March 02, 2023... Updated 01 Mar, 2023 09:10am
Business & Finance MPC meeting on March 2: market expects 200bps hike in key policy rate In a widely expected move, the State Bank of Pakistan (SBP) on Tuesday morning announced that its Monetary Policy... Updated 28 Feb, 2023 04:59pm
Business & Finance Next MPC meeting so far scheduled on March 16, says SBP SBP chief spokesperson's statement comes amid widespread speculation the central bank is likely to increase interest rate in off-cycle review Published 23 Feb, 2023 08:38pm
Business & Finance Nigeria central bank raises rates by 100 bps despite inflation dip ABUJA: Nigeria’s central bank raised its benchmark lending rate by 100 basis points (bps) to 17.5% in a decision... Published 24 Jan, 2023 04:48pm
Print Policy rate hiked to 17pc to rein in soaring inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday increased the key policy ... Updated 24 Jan, 2023 09:05am
Business & Finance SBP raises EFS & LTFF rates by 2pc to 13pc KARACHI: The State Bank of Pakistan (SBP) Thursday announced increase in the Export Finance Scheme (EFS) and... Published 30 Dec, 2022 05:50am
Markets Monetary Policy Committee: SBP issues advance calendar for meetings in January-June 2023 Central bank schedules 4 meetings of Monetary Policy Committees during six-month period Published 26 Dec, 2022 05:39pm
Markets China central banker calls for strengthening property sector policies SHANGHAI: A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate policy in... Published 24 Dec, 2022 01:17pm
Markets Indonesia central bank says monetary policy to remain pro-stability JAKARTA: Indonesia’s central bank governor Perry Warjiyo said on Wednesday that monetary policy will remain... Published 30 Nov, 2022 09:24am
Editorials MPS makes grim but unsurprising reading EDITORIAL: The Monetary Policy Committee (MPC) raised the policy rate by 100 basis points to 16 percent, reflecting... Published 28 Nov, 2022 06:09am
Print Policy rate hiked to 16pc to quell biting inflation Including this 100bps increase, SBP has raised its key rate by 625bps cumulatively in 2022 Policy rate jumps to 23-year high Updated 26 Nov, 2022 12:48pm
Markets India’s central bank likely to go for smaller rate hikes as inflation eases MUMBAI: The Reserve Bank of India is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in... Published 15 Nov, 2022 11:36am
Editorials Oct economic update EDITORIAL: The final remarks of the monthly economic update and outlook uploaded on the Ministry of Finance website... Published 11 Nov, 2022 05:54am
Business & Finance Bank of England makes historic rate hike despite ‘very challenging’ outlook LONDON: The Bank of England raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989 as... Updated 03 Nov, 2022 08:40pm
Markets India central bank’s policy committee meets to discuss first inflation target miss MUMBAI: Reserve Bank of India’s monetary policy committee (MPC) will meet on Thursday, outside its scheduled... Published 01 Nov, 2022 11:39am
Business & Finance MPS on 10th KARACHI: The Monetary Policy Committee of State Bank of Pakistan (SBP) will meet on Monday (Oct 10) at SBP Karachi ... Published 07 Oct, 2022 05:59am
Business & Finance Monetary policy: majority expects status quo in key interest rate SBP is currently scheduled to hold the Monetary Policy Committee meeting on October 10 Updated 05 Oct, 2022 09:44am
Markets India’s key policy rate raised by 50 bps as widely predicted MUMBAI: The Reserve Bank of India’s benchmark repo rate was raised by 50 basis points on Friday, the fourth straight... Published 30 Sep, 2022 10:09am
Business & Finance India govt ‘in no hurry’ on medium-term inflation target NEW DELHI: India’s government is in no hurry to push inflation - now hovering near 7% and eight-year highs - back to... Published 21 Sep, 2022 11:38am
Editorials Outlook characterised by grim uncertainties EDITORIAL: As per reports, the Update and Outlook August 2022, compiled by the finance division, Pakistan’s... Published 30 Aug, 2022 06:21am
Print Policy rate kept unchanged at 15pc: MPC sees headline inflation surging to its peak in Q1 KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy... Updated 23 Aug, 2022 09:21am
Pakistan Monetary policy: SBP keeps key interest rate unchanged at 15% Monetary Policy Committee says with recent inflation developments in line with expectations, domestic demand beginning to moderate and the external position showing some improvement, it felt it was prudent to take a pause at this stage Updated 22 Aug, 2022 05:10pm
Business & Finance Monetary policy: a look at SBP's previous announcements Central bank has hiked key interest rate by 525 basis points in its three previous announcements Published 21 Aug, 2022 02:42pm
Print High interest rate, delay in LCs opening hurting steel industry KARACHI: The country’s steel industry is facing a serious crisis due to higher interest rate and delay in opening... Updated 15 Aug, 2022 10:32am