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Nov 22, 2019 06:25 pm views : 344

Location : State Bank Of Pakistan

Karachi- State Bank of Pakistan announced Monetary Policy and kept the rate of interest unchanged at 13.25 percent, Gross national product growth will be 3.5%.

Karachi, State Bank Announces Monetary Policy
http://www.tnnasia.tv

State Bank issues a monetary policy statement in which interest rates remain at 13.25%
The Monetary Policy Statement issued by the State Bank stated that the Monetary Policy Committee has decided to keep the policy rate; inflation is likely to be 11 to 12 percent this fiscal year; interest rate is maintained at 13.25 percent. , GDP growth will be 3.5%
According to the State Bank, private loans were reduced by Rs 4.1 billion in the first four months of this fiscal year. Expected to decline, businesses are expecting inflation
According to the State Bank, the auto industry, industry, cement and steel industries have slowed growth, activities in export and competitive sectors are stabilizing, gold policy and real interest rate inflation is limited to 5-7% in the next 24 months. Appropriate to do, the continued improvement of the current account and the continuation of the financial cycle worsens market sentiment.