KARACHI: The State Bank of Pakistan is going to announce January monetary policy on Saturday. It is being speculated that State Bank of Pakistan is raising interest rate. Most economists are unanimous there will be …

LAHORE: State Bank of Pakistan (SBP) has decided to raise its Policy Rate by 50 basis points to 13.5 percent with effect from September 30, 2010. This decision was taken at a meeting of the …

ISLAMABAD: Due to Pakistan economy’s burgeoning income-expenditure gap, the government’s borrowing for budgetary support increased to Rs58.24 billion during the first month of fiscal year 2008-09, depicting an increase of 40.95 per cent compared to …

Senator Professor Khurshid Ahmad, Naib Amir Jamaat-e- Islami, Pakistan and leader of the Independent Opposition Group in the Senate has expressed his strong reservations about State Banks’ latest policy initiative towards tight monetary policy by …

ISLAMABAD: National Traders Alliance on Wednesday said that the decision of an increase in State Bank of Pakistan’s key discount rate to 13.0 percent in the monetary policy would devastate stock trading and other businesses …