SBP Likely to Maintain Tight Monetary Policy Amid Persistent Inflation

The State Bank of Pakistan (SBP) is widely anticipated to maintain its restrictive monetary policy stance. This comes as the central bank's mid-term inflation target appears increasingly out of reach, suggesting continued efforts to curb price pressures. Analysts point to persistent inflationary trends within the economy as a key factor influencing the SBP's decision-making. A sustained tight policy could support the Pakistani Rupee (PKR) against the US Dollar and potentially temper local gold price increases.

بحوالہ / Source: www.dawn.com