Tag Archives: monetary policy

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

Hafeez Pasha, refuses, charge, Monetary Policy, Committee, member

Hafeez Pasha refuses to take charge as Monetary Policy Committee member

05 May, 2019 2:30 pm 2:30 pm

ISLAMABAD (92 News) – Renowned economist Dr Hafeez Pasha has refused to take the charge as member of the Monetary Policy Committee. On January 31, the federal cabinet had approved the appointment of Dr Hafeez Pasha as Monetary Policy Committee member. His appointment was declared very important for improving the economy. He has refused to … Read More

South Korea govt think tank calls for central bank to refrain from rate hik...

11 November, 2018 8:57 am 8:57 am

SEOUL (Reuters) – South Korea’s top government think tank on Tuesday called on the central bank to maintain accommodative monetary policy through to next year, saying inflation would remain low given slowing domestic demand and a sluggish job market. “(The central bank) needs to maintain the monetary policy at the current, easy stance, given that … Read More

Digital revolution has only small impact on inflation: ECB’s Weidmann

09 September, 2018 9:15 am 9:15 am

FRANKFURT (Reuters) – Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said , weighing in on one of the biggest debates in modern central banking. With much of the industrialized world struggling with anemic inflation levels, some economists argue that rapid technological development keeps a lid on prices, forcing central … Read More

SBP, new currency notes, Eid

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