The State Bank of Pakistan kept its policy rate unchanged at 11.5% as expected, with analysts noting a cautious stance given regional developments and flood impact. Simultaneously, global oil prices tumbled over 7% as US-Iran military strikes paused, easing Middle East tensions and improving investor sentiment. This disinflationary trend and comfortable external account could support monetary easing in coming months. Lower oil prices and a stable policy rate might reduce inflationary pressures, potentially influencing gold and currency rates in Pakistan.
بحوالہ / Source: www.dawn.com