investorguide360.com
| 3 months ago
SBP announces a 'populist' 150bp cut in discount rate. In its latest monetary policy, the State Bank of Pakistan slashed discount rate by 150bp to 10.5%. Initial reaction by markets should be positive, as expectations varied between 50-100bp;
www.dailymarkets.com
| 3 months ago
Breaking out of this rather complex nexus is therefore the real challenge faced by the Pakistan economy in general and SBP in particular,” the bank said. The SBP last cut its discount rate by 150 basis points to 12 percent in October 2011. www ...