Tag Archives: interest rate

SBP maintains current interest rate of 13.25pc for next two months

09 September, 2019 2:25 am 2:25 am

KARACHI (92 News) – State Bank of Pakistan  (SBP) Monday announced the monetary policy for next two months, maintaining the rate of interest unchanged at 13.25 percent. According to a press release issued by SBP on Monday, the rupee has strengthened modestly against the US dollar. It is said that the external sector continued to … Read More

SBP, interest rate, 25 bps, 10.25%

SBP increases interest rate by 25 bps, fixes it at 10.25%

01 January, 2019 6:47 pm 6:47 pm

ISLAMABAD (92 News) – The State Bank of Pakistan (SBP) has announced a 25 basis point increase in the interest rate, taking it to 10.25 percent with effect from February 1 as part of its new monetary policy. This was stated by the SBP Governor Tariq Bajwa while announcing the new monetary policy at a … Read More

ECB should keep policy options open regardless of Fed: Villeroy

10 October, 2018 9:21 am 9:21 am

NUSA DUA, Indonesia (Reuters) – The European Central Bank should keep its policy options open and not let itself be influenced by the Federal Reserve, ECB policymaker Francois Villeroy de Galhau said on Sunday. Encouraged by a recovery in euro zone inflation, the ECB expects to stop adding to its 2.6 trillion euro (£2.3 trillion) … Read More

Dollar slips, yen strengthens on Trump’s Fed criticism

08 August, 2018 8:47 am 8:47 am

TOKYO (Reuters) – The dollar slipped against the yen and a basket of major peers on Tuesday after US President Donald Trump said he was “not thrilled” with Federal Reserve Chairman Jerome Powell for raising interest rates. The dollar was also soft as investors pulled out of the safe-haven currency ahead of anticipated talks this … Read More

Asia stocks capped, dollar at two-week high as trade war dents confidence

08 August, 2018 8:41 am 8:41 am

TOKYO (Reuters) – Asian stocks inched on Friday following a tech-led rise on Wall Street, although the latest exchange of trade threats between Beijing and Washington capped gains and drove safehaven flows to the dollar, which hovered near a two-week high. Investors also remain cautious ahead of the July US jobs report due later on … Read More

Interest rate unchanged as SBP announces monetary policy for two months

09 September, 2016 3:48 pm 3:48 pm

ISLAMABAD (92 News) – The State Bank of Pakistan (SBP) has announced the monetary policy for the next two year, with no change in the interest rate. According to a press release issued by SBP, the year-on-year CPI inflation rose to 3.6 percent in August 2016 from 1.8 percent in August 2015, while the average … Read More