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SBP raises policy rate by 100bps to 11.5% as inflation risks mount


661806_034752_updates.jpg An undated image of the State Bank of Pakistan building in Karachi. — AFP

The State Bank of Pakistan raised its benchmark policy rate by 100 basis points to 11.5% on Monday, opting for cautious tightening as oil price volatility and renewed inflation risks clouded the...

Source: Geo News

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