BoJ keeps monetary policy unchanged amid inflation pressure
The Bank of Japan (BoJ) has reaffirmed its commitment to monetary easing and remained silent on its outlook for the next year, amid growing inflation and expectations of policy changes.…
Pakistan Customs, Tax, Shipping & Business News Resource
The Bank of Japan (BoJ) has reaffirmed its commitment to monetary easing and remained silent on its outlook for the next year, amid growing inflation and expectations of policy changes.…
KARACHI: At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. The Committee noted that the economic uncertainty has decreased since…
KARACHI: At its meeting on 15th May 2020, the Monetary Policy Committee (MPC) of State Bank of Pakistan decided to reduce the policy rate by 100 basis points to 8…
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has requested the Federal Government to permanently withdraw Industrial Support Package Adjustment (ISPA) arrears which would provide…
KARACHI: The business community has widely appreciated the central bank’s decision to cut the interest rates by another 150 basis points, which coincided with the Prime Minister’s economic relief package…
KARACHI: The business community, which was expecting at least 200 basis points reduction in the interest rates, expressed dissatisfaction over the nominal 75 basis points cut to 12.5 percent. The…
KARACHI: Monetary Policy Committee (MPC) of State Bank of Pakistan decided to cut the policy rate by 75 bps to 12.50 percent. The decision reflected the MPC’s view that the…
KARACHI: At its meeting on 22 nd November 2019, the Monetary Policy Committee (MPC) of the State bank of Pakistan (SBP) decided to leave the policy rate unchanged at 13.25…
OSLO: The SpareBank 1 BV Group has reported a net profit from ordinary operations before losses of NOK 526.5 million. Earnings after tax were NOK 426.2 million, which represents 1.50%…
KARACHI: Hike in key interest rates by 50bps, increase in fuel prices by PKR6/liter and higher than expected inflation of 9.4% for March 2019 dented the sentiments of market participants.…
KARACHI: Contrary to the market expectations and to the dismay of business community, the monetary policy committee of State Bank of Pakistan has decided to raise the policy rate by…
KARACHI: In a recent poll conducted by Tresmark comprising over 25 bankers and brokers, 81.82% in the market unanimously agreed that SBP is likely to keep policy rate unchanged in…
KARACHI: Consumer Price Index (CPI) for the month of December 2018 clocked-in at 6.2 percent as compared to 6.5 percent registered in November 2018. Housing & utilities (CPI weightage 29.4…
KARACHI: The State Bank of Pakistan (SBP) has raised the policy interest rates by 150bps to 10 percent effective December 03, 2018. The economic data released since the last Monetary…
KARACHI: Consumer price index (CPI) for the month of November 2018 is expected to rise to 7.51 percent as compared to an increase of 6.78 percent registered in October 2018,…
KARACHI: Monetary Policy Committee of State Bank of Pakistan has decided to increase the policy rate by 50bps to 6.50 percent effective from Monday 28th May 2018. Pakistan’s economic growth…
KARACHI: State Bank of Pakistan (SBP) has maintained the key interest rates unchanged at 5.75 percent for the months of September-October 2017. Macroeconomic environment remains conducive to growth without impacting…
KARACHI: The Monetary Policy Committee of State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 5.75 percent. The inflation expectations in the current fiscal year…
KARACHI: The State Bank of Pakistan (SBP) has announced that the key interest rates would remain unchanged at 6.0 percent for November-December 2015. The Central Bank in the Monetary Policy…
KARACHI: The State Bank of Pakistan (SBP) will announce the monetary policy statement for the months of May-June on Saturday May 23, 2015. Presently, the key interest rates stand at…