{"id":89249,"date":"2022-10-11T11:57:36","date_gmt":"2022-10-11T06:57:36","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=89249"},"modified":"2022-10-11T11:57:40","modified_gmt":"2022-10-11T06:57:40","slug":"monetary-policy-rate-unchanged","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/monetary-policy-rate-unchanged.html","title":{"rendered":"Monetary policy rate unchanged at 15%: SBP"},"content":{"rendered":"\n<p>Islamabad: The State Bank of Pakistan (SBP) has announced its decision to keep the policy rate unchanged at 15%, as per a press release issued on October 10.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-profit-rate-naya-pakistan-certificate.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP raises profit rate of Naya Pakistan Certificate<\/a><\/p>\n\n\n\n<p>The said decision was taken by the Monetary Policy Committee (MPC), which cited that existing monetary policy rate strikes \u2018an appropriate balance between managing inflation and maintaining growth\u2019 in the aftermath of the floods.<\/p>\n\n\n\n<p>It was also highlighted that the <a href=\"https:\/\/www.zameen.com\/news\/sbp-monetary-policy-unchanged-15.html\" target=\"_blank\" rel=\"noreferrer noopener\">MPC<\/a> has observed a decline in headline inflation and the current account deficit (CAD) and a deceleration in economic activity since its last meeting. The central bank also stated that there are alterations in the macroeconomic outlook owing to the recent floods, and a detailed impact assessment of the situation was underway.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-8-increase-remittance-august.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP reveals 8% increase in remittance in August<\/a><\/p>\n\n\n\n<p>Moreover, SBP stated that as per the currently available information, a 2% decline in growth from the previous forecast of 3-4% is expected in the fiscal year (FY) 2022-23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The State Bank of Pakistan (SBP) has announced its decision to keep the policy rate unchanged at 15%, as per a press release issued on October 10. Read: SBP raises profit rate of Naya Pakistan Certificate The said decision was taken by the Monetary Policy Committee (MPC), which cited that existing monetary policy rate strikes \u2018an appropriate balance between managing inflation and maintaining growth\u2019 in the aftermath of the floods. It was also highlighted that the MPC has observed a decline in headline inflation and the current account deficit (CAD) and a deceleration in economic activity since its last meeting. The central bank also stated that there are alterations in the macroeconomic outlook owing to the recent floods, and a detailed impact assessment of the situation was underway. Read: SBP reveals 8% increase in remittance in August Moreover, SBP stated that as per the currently available information, a 2% decline in growth from the previous forecast of 3-4% is expected in the fiscal year (FY) 2022-23.<\/p>\n","protected":false},"author":75,"featured_media":76276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[54455,21853],"persona":[],"class_list":{"0":"post-89249","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-monetary-policy-rate-unchanged-at-15-sbp","10":"tag-state-bank-of-pakistan-sbp","11":"cat-15016-id","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Monetary policy rate unchanged at 15%: SBP - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The State Bank of Pakistan (SBP) has announced its decision to keep the policy rate unchanged at 15%, as per a press release issued on October\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/monetary-policy-rate-unchanged.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monetary policy rate unchanged at 15%: SBP - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The State Bank of Pakistan (SBP) has announced its decision to keep the policy rate unchanged at 15%, as per a press release issued on October\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/monetary-policy-rate-unchanged.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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