The State Bank of Pakistan is widely expected to maintain its benchmark policy rate at 11.5% at the July 27, 2026 meeting. Analysts cite escalating Middle East tensions and renewed oil price risks as primary factors, overriding improving domestic inflation and calls for easing. While inflation forecasts for FY27E vary between 5.9% and 8.0%, geopolitical uncertainty remains key. This policy stance, coupled with potential oil price hikes, could support safe-haven gold demand internationally and locally, while adding pressure on the USD/PKR rate.
بحوالہ / Source: www.brecorder.com