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MARKET EXPECTATIONS

SBP raises key interest rate by 100bps, takes it to 16%

SBP raises key interest rate by 100bps, takes it to 16%

  • MPC says decision reflects view that inflationary pressures have proven to be stronger and more persistent than expected
  • Majority of market participants had anticipated central bank to maintain key policy rate
Updated 25 Nov, 2022 08:52pm