Interest Rate



Pakistan central bank cuts key rate by 200 bps to 17.5%

  • Thursday’s move follows cuts of 150 bps in June, 100 bps in July that brought down the rate from an all-time high of 22% to 17.5%
  • Pakistan’s annual consumer price inflation rate slowed to 9.6% in August from a high of nearly 40% in May last year
By Reuters ·