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HomeLatest Breaking newsSBP raises key interest rate to 25-year high of 17%

SBP raises key interest rate to 25-year high of 17%


State Bank of Pakistan Governor Jameel Ahmad addresses a press conference in Karachi on January 23, 2023. — Facebook/SBP  SBP raises key interest rate to 25-year high of 17% 1033473 4225318 sbp governor jamil ahmed press conference updates
State Bank of Pakistan Governor Jameel Ahmad addresses a press conference in Karachi on January 23, 2023. — Facebook/SBP

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday raised the key interest rate by 100 basis points (bps), taking it to 17% — the highest since October 1997.


This is a developing story and is being updated with more details.



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