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coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,077
1224hr
Pakistan Cases
1,360,019
6,54024hr
Sindh
520,415
Punjab
460,335
Balochistan
33,855
Islamabad
115,939
KPK
183,865

policy rate

Growth perceptions
BR Research

Growth perceptions

Why are businesses happy but consumers are not? Do businesses and consumers care about different things? Is the...
Updated 08 Jun, 2021 11:31am
Bank of Ghana surprises with 100 basis point policy rate cut
Business & Finance

Bank of Ghana surprises with 100 basis point policy rate cut

  • "Risks to the inflation outlook remain muted in the near-term ...under these circumstances, the (Monetary Policy Committee) decided to lower the monetary policy rate by a hundred basis points," Addison said, adding that the bank will monitor inflationary pressure on rents and transport fares.
Published 31 May, 2021 07:19pm
State Bank MPC: Policy Rate remains unchanged at 7pc
Business & Finance

State Bank MPC: Policy Rate remains unchanged at 7pc

  • Growth in FY21 is now projected to be higher than previously anticipated due to improved prospects for manufacturing and reflecting in part the monetary and fiscal stimulus provided during Covid.
  • Looking ahead, as the temporary increase in inflation from administered prices wanes, inflation should fall to the 5-7 percent target range over the medium-term.
Updated 19 Mar, 2021 05:21pm
Turkish lira firms for second consecutive day
Markets

Turkish lira firms for second consecutive day

  • The lira stood at 7.5320 against the US dollar at 1408 GMT, firming from Tuesday's close of 7.6300.
  • The currency had declined sharply since mid-February, hitting its lowest level since mid-December on Monday, as the yields on US bonds rose.
Published 10 Mar, 2021 07:52pm
Turkey's central bank seen keeping policy rate unchanged
Business & Finance

Turkey's central bank seen keeping policy rate unchanged

  • The median estimate in a Reuters poll of 21 economists was for the central bank to keep its one-week repo rate at 17%. One economist expected a hike to 17.75%, while four others expected a hike to 18%.
  • Turkey's lira declined some 20% last year, pushing inflation higher through imports denominated in hard currencies.
Published 12 Feb, 2021 08:32pm
Turkey to keep policy tight until 5pc inflation target hit
World

Turkey to keep policy tight until 5pc inflation target hit

  • Speaking at an online presentation of the bank's quarterly inflation report, Agbal also said it was too early to ease policy.
  • Annual inflation rose in December to 14.6%, but Agbal stood by the bank's forecast that it would fall to 9.4% this year.
Published 28 Jan, 2021 06:08pm
State Bank MPC maintains policy rate unchanged at 7pc
Business & Finance

State Bank MPC maintains policy rate unchanged at 7pc

  • There could be some changes in the projection due to change in electricity rates, and international oil prices but it will be temporary, said Baqir.
  • “It is very important that at present the monetary policy should convey a message of stability,” the SBP Chief said.
  • The yearly inflation rate is projected to remain at 7-9pc as previously announced.
Updated 23 Jan, 2021 10:52am