Monetary policy on 15th.
KARACHI -- The State Bank of Pakistan (SBP) will announce its monetary policy on May 15.
The central bank on Monday announced that as per its regular schedule its Monetary Policy Committee will meet on Friday.
Financial sector analysts expect another interest rate cut is in the pipeline saying reducing the cost of lending is a must for revival of economy since the trading and industrial activities have come to a halt due to the ongoing lockdown.
The central bank has...
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