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SBP keeps policy rate unchanged at 11%

Decision made during the Monetary Policy Committee meeting of the central bank

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday announced keeping the policy rate unchanged at 11%.

This marks the third straight MPC meeting where the central bank has extended a pause in monetary easing as policymakers weighed inflation risks from flood-hit crops against a fragile economic recovery.

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