Rates round-up: Pakistan adds 100bp to main rate

state-bank-of-pakistan-sbp
The State Bank of Pakistan
Photo: SBP/Abbas Ali Khan

Pakistan: The State Bank of Pakistan raised the policy rate by 100 basis points on November 25, to 16%, as the country continued to suffer the impact of flooding and global shocks.

The decision marks the seventh hike since September 2021. In total, the SBP’s monetary policy committee has raised rates by 900bp over the past 14 months.

The central bank cited high inflation, which rose to 26.6% in October due to “a normalisation of fuel cost adjustments in electricity tariffs and rising prices of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: