SBP holds policy rate at 11.5%; cites proactive management

The State Bank of Pakistan's Monetary Policy Committee (MPC) has decided to keep the policy rate unchanged at 11.5%. The MPC highlighted that proactive policy management and ongoing fiscal consolidation have been effective in absorbing the current supply shock. This decision reflects the central bank's assessment of the economic situation. An unchanged policy rate could signal stability in the local economic outlook, potentially influencing PKR stability and, by extension, local gold prices.

بحوالہ / Source: tribune.com.pk