The Pakistan State Bank (SBP) has maintained the 11% unchanged interest rate in the risk of inflation of the world prices for raw materials in the wake of Irano-Israeli conflicts.
During its last meeting on May 5, the Central Bank Monetary Policy Committee (MPC) reduced the key interest rate of 100 basic points (BP) to 11%, mainly due to regular disinflation.
The central bank had reduced the rate of 1,100 base points since June, against a 22%summit.
This is a story in development and is updated with more details.
