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Business circles disappointed over SBP rate pause (opens original article in a new tab)

TL;DR

Business groups in Pakistan express disappointment with the State Bank's decision to maintain the policy rate at 11.5pc, urging monetary easing to support economic growth and industrial recovery, while some officials describe the decision as balanced and prudent.

  • Business community disappointed with SBP's decision to keep policy rate unchanged at 11.5pc
  • FPCCI urges monetary easing to support growth, exports, and investment
  • OICCI and PBC describe SBP decision as balanced and prudent
  • FPCCI calls for rate cut in next MPC meeting to single digits

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