Pakistan receives another $452.4 million from IMF
KARACHI: Pakistan has received $452.4 million as the second tranche of $6 billion IMF loan taking the foreign exchange reserves up to $18 billion. “On 23-December-2019, SBP received US$452.4 million…
State Bank of Pakistan increases policy interest rate by 50bps to 10.75 percent
KARACHI: The State Bank of Pakistan (SBP) has increased the policy interest rates by 50 bps to 10.75 percent effective April 01, 2019.According to Monetary Policy Statement issued by the…