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Interest rate reaches highest in 24 years after State Bank of Pakistan hik
Updated : 3 months, 3 weeks ago IST
The interest rate in Pakistan skyrocketed to its highest in 24 years after the State Bank of Pakistan (SBP) raised its key policy rate by 16 per cent on Friday to curb inflation, according to Dawn.
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State Bank of Pakistan hikes interest rate to 16 per cent to curb inflatio
Updated : 3 months, 3 weeks ago IST
The State Bank of Pakistan (SBP) jacked up its policy rate by 16 per cent on Friday, the Express Tribune reported on Friday citing the bank after a meeting of its monetary policy committee (MPC), according to the Express Tribune.
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