Pakistan central bank set to deliver fourth consecutive rate cut to revive economy

Orientul Mijlociu

KARACHI : Pakistan's central bank is expected to cut its key interest rate further at its policy meeting on Monday, with policymakers continuing their efforts to revive a fragile economy as inflation eases off recent record highs. The central bank, the State Bank of Pakistan, has slashed the benchmark policy rate to 17.5 per cent from an all time-high of 22 per cent in three consecutive policy meetings since June, having last reduced it by 200 basis points in September. All 15 investors and

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