<b>SBP cuts interest rate by 50 bps to 10% ...
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SBP cuts interest rate by 50 bps to 10% ...

Karāchi : Pakistan | Oct 06, 2012 at 1:17 AM PDT
Source: Pak Tribune
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The State Bank of Pakistan (SBP), as expected, has cut its policy rate by 50 basis points to 10 percent from 10.5 percent with effect from October 8, 2012, mainly on consistent easing of inflation, which is currently in single digit. The decision to cut the policy rate was taken by the central board of directors... FULL ARTICLE AT Pak Tribune
 
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