Pakistan economic crisis: State Bank of Pakistan bikes policy rate by 300 bps to 27-year high
The central bank raised the benchmark interest rate by 300 bps, taking the total increase to 1,050 bps since January 2022 to counter rising inflation.
The central bank raised the benchmark interest rate by 300 bps, taking the total increase to 1,050 bps since January 2022 to counter rising inflation. (Representative image from Reuters)