The State Bank of Pakistan has released the monetary policy for the upcoming 2 months.
22 Percent interest rate in latest monetary policy
As per the announcement made by the State Bank, the decision has been taken to keep the interest rate steady at 22 percent.
The State Bank anticipates a continued reduction in inflation during the latter part.
The State Bank reports positive initial assessments of the Kharif crop.
Also Read: Today Gold Rate in Pakistan October 30, 2023
It is highlighted by the State Bank that there may be potential threats to the current account deficit owing to fluctuations in oil and gas prices.