AIRLINK 197.00 Decreased By ▼ -4.24 (-2.11%)
BOP 10.02 Increased By ▲ 0.05 (0.5%)
CNERGY 7.33 Increased By ▲ 0.44 (6.39%)
FCCL 35.70 Increased By ▲ 0.34 (0.96%)
FFL 16.94 Decreased By ▼ -0.21 (-1.22%)
FLYNG 25.20 Increased By ▲ 0.99 (4.09%)
HUBC 134.00 Decreased By ▼ -4.19 (-3.03%)
HUMNL 14.03 Decreased By ▼ -0.04 (-0.28%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 6.88 Increased By ▲ 0.22 (3.3%)
MLCF 44.50 Decreased By ▼ -1.81 (-3.91%)
OGDC 217.99 Decreased By ▼ -4.55 (-2.04%)
PACE 6.95 Decreased By ▼ -0.11 (-1.56%)
PAEL 41.00 Decreased By ▼ -2.14 (-4.96%)
PIAHCLA 16.85 Decreased By ▼ -0.18 (-1.06%)
PIBTL 8.45 Decreased By ▼ -0.09 (-1.05%)
POWER 9.35 Increased By ▲ 0.25 (2.75%)
PPL 184.03 Decreased By ▼ -4.73 (-2.51%)
PRL 40.75 Decreased By ▼ -2.52 (-5.82%)
PTC 24.75 Decreased By ▼ -0.60 (-2.37%)
SEARL 103.40 Decreased By ▼ -7.02 (-6.36%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.48 Decreased By ▼ -2.16 (-5.07%)
SYM 18.00 Decreased By ▼ -0.57 (-3.07%)
TELE 8.80 Decreased By ▼ -0.32 (-3.51%)
TPLP 12.75 Decreased By ▼ -0.93 (-6.8%)
TRG 66.80 Decreased By ▼ -1.36 (-2%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.03 Increased By ▲ 0.02 (0.5%)
AIRLINK 197.00 Decreased By ▼ -4.24 (-2.11%)
BOP 10.02 Increased By ▲ 0.05 (0.5%)
CNERGY 7.33 Increased By ▲ 0.44 (6.39%)
FCCL 35.70 Increased By ▲ 0.34 (0.96%)
FFL 16.94 Decreased By ▼ -0.21 (-1.22%)
FLYNG 25.20 Increased By ▲ 0.99 (4.09%)
HUBC 134.00 Decreased By ▼ -4.19 (-3.03%)
HUMNL 14.03 Decreased By ▼ -0.04 (-0.28%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 6.88 Increased By ▲ 0.22 (3.3%)
MLCF 44.50 Decreased By ▼ -1.81 (-3.91%)
OGDC 217.99 Decreased By ▼ -4.55 (-2.04%)
PACE 6.95 Decreased By ▼ -0.11 (-1.56%)
PAEL 41.00 Decreased By ▼ -2.14 (-4.96%)
PIAHCLA 16.85 Decreased By ▼ -0.18 (-1.06%)
PIBTL 8.45 Decreased By ▼ -0.09 (-1.05%)
POWER 9.35 Increased By ▲ 0.25 (2.75%)
PPL 184.03 Decreased By ▼ -4.73 (-2.51%)
PRL 40.75 Decreased By ▼ -2.52 (-5.82%)
PTC 24.75 Decreased By ▼ -0.60 (-2.37%)
SEARL 103.40 Decreased By ▼ -7.02 (-6.36%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.48 Decreased By ▼ -2.16 (-5.07%)
SYM 18.00 Decreased By ▼ -0.57 (-3.07%)
TELE 8.80 Decreased By ▼ -0.32 (-3.51%)
TPLP 12.75 Decreased By ▼ -0.93 (-6.8%)
TRG 66.80 Decreased By ▼ -1.36 (-2%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.03 Increased By ▲ 0.02 (0.5%)
BR100 12,077 Decreased By -142.4 (-1.17%)
BR30 36,524 Decreased By -793.3 (-2.13%)
KSE100 115,042 Decreased By -802.6 (-0.69%)
KSE30 36,200 Decreased By -276.6 (-0.76%)

KARACHI: As the State Bank of Pakistan (SBP) has decided to increase “Policy Rate” (Target Rate) from 20 percent to 21 percent, SBP Overnight Reverse Repo (Ceiling) rate will be at 22 percent i.e. 100 bps above the SBP Policy Rate.

While, the SBP Overnight Repo (Floor) rate will be at 20 percent i.e. 100 bps below the SBP Policy Rate Accordingly, the Floor and Ceiling levels for the Interest Rate Corridor are 20 percent and 22 percent p.a. respectively with width of 200 bps.

The SBP will continue to ensure that the money market overnight rate remains close to the SBP Policy Rate (Target Rate). The new rates are effective from April 05, 2023.

Copyright Business Recorder, 2023

Comments

Comments are closed.