Pakistan central bank cuts key rate by 200 bps, fifth in a row

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KARACHI : Pakistan's central bank cut its key policy rate by 200 basis points to 13 per cent on Monday, it said in a statement, its fifth straight reduction since June as the country keeps up efforts to revive a sluggish economy with inflation easing. Pakistan's latest move makes this year's cuts the most aggressive among emerging market central banks in the current easing cycle, barring outliers such as Argentina. "Overall, the Committee assessed that its approach of measured policy rate cuts

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Pakistan central bank cuts key rate by 200 bps, fifth in a row https://www.channelnewsasia.com - 16.12.2024 15:11
Pakistan central bank cuts key rate by 200 bps, fifth in a row https://www.channelnewsasia.com/ - 16.12.2024 14:26

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Pakistan central bank cuts key rate by 200 bps, fifth in a row https://www.channelnewsasia.com - 16.12.2024 15:11
Pakistan central bank cuts key rate by 200 bps, fifth in a row https://www.channelnewsasia.com/ - 16.12.2024 14:26