ISLAMABAD, Dec 02 (Reuters): The State Bank of Pakistan (SBP) hiked its key interest rate by 150 basis points to 10 per cent, citing rising inflation and high current account and fiscal deficits.
"Continued inflationary pressure (and rising inflationary expectations) needs to be checked," the central bank said in a statement on Friday.
SBP hikes interest rate to 10pc
FE Team | Published: December 02, 2018 23:14:46
SBP hikes interest rate to 10pc
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