Trends - Monetary Policy Committee

Monetary Policy Committee

Analysing monetary policy statement

EDITORIAL: The Monetary Policy Committee (MPC), under the chairmanship of Jameel Ahmed, Governor State Bank of...

Published 06 Nov, 2024 06:55am

BR Research

Policy rate cut: caution beyond this point

Doves are in control at SBP. A 250 bps rate cut has been announced, slightly exceeding market expectations. Some...

Published 05 Nov, 2024 09:11am

Business & Finance

Policy rate cut by 250bps to 15pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) announced a historic policy rate ...

Published 05 Nov, 2024 03:30am

Markets

Higher than market consensus: SBP reduces key policy rate by 250bps, takes it to 15%

Most analysts had expected cut of 200bps

Updated 04 Nov, 2024 09:53pm

Business & Finance

PVMA for reduction in interest rate

KARACHI: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman, Sheikh Umer Rehan, has strongly urged the...

Updated 03 Nov, 2024 09:49am

Business & Finance

KCCI urges SBP to reduce policy rate by 500bps

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has urged the State Bank...

Published 02 Nov, 2024 07:16am

Business & Finance

APTMA urges SBP’s MPC to reduce interest rate by 500bps

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has sought a cut of at least 500 basis points in...

Published 01 Nov, 2024 08:22am

APTMA urges MPC to cut interest rate by 400bps

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has called for a significant reduction in interest...

Updated 25 Oct, 2024 08:57am

Business & Finance

200bps cut in key policy rate likely

KARACHI: With the State Bank of Pakistan (SBP) set to hold its Monetary Policy Committee (MPC) meeting on November ...

Published 25 Oct, 2024 06:28am

Markets

Majority expect up to 200bps reduction in key policy rate in upcoming MPC meeting, AHL survey finds

The State Bank of Pakistan (SBP) might opt to further reduce the key policy rate by up to 200 basis points (bps) in...

Updated 23 Oct, 2024 10:00pm

Markets

Pakistan’s inflation likely to slow down further in September, fueling further rate cut speculation

The slowing inflationary trend in Pakistan is likely to continue in September, and projected to come down to almost...

Updated 21 Sep, 2024 08:07pm

Policy rate cut yet again as inflation cools

KARACHI: As per expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday...

Updated 13 Sep, 2024 09:21am

Markets

Analysts expect SBP to continue easing in next week’s monetary policy announcement

Most experts Business Recorder reached out to see decline between 100 to 200 bps

Updated 05 Sep, 2024 08:29pm

Business & Finance

Bank of England cuts rates from 16-year high, ‘careful’ on future moves

LONDON: The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from...

Published 01 Aug, 2024 05:43pm

BR Research

MPS: ‘if you try sometimes, you get what you need’

The autonomous central bank finally seems to have found its voice. On Monday, the Monetary Policy Committee of SBP...

Published 30 Jul, 2024 06:51am

Markets

Rupee falls marginally against US dollar

Currency settles at 278.50 against the greenback in inter-bank market

Updated 24 Jul, 2024 10:05pm

Markets

Monetary Policy Committee: SBP issues advance calendar for meetings in July-December 2024

After much delay, the State Bank of Pakistan (SBP) has issued the advance calendar of Monetary Policy Committee...

Updated 23 Jul, 2024 11:15pm

Markets

Majority expect reduction in key policy rate in upcoming MPC meeting, AHL survey finds

Brokerage house sees 100bps cut in meeting reportedly set to be held on July 29 (Monday)

Updated 22 Jul, 2024 10:56pm

Markets

Softer inflation in July to trigger 150bps policy rate cut in upcoming MPC: JS Global

A further slowdown in the Consumer Price Index (CPI)-based inflation reading could trigger the State Bank of...

Updated 20 Jul, 2024 09:38pm

Markets

SBP projected to bring down policy rate to 16% by 2024-end: Fitch Solutions’ BMI report

Key policy rate currently stands at 20.5%

Updated 18 Jul, 2024 10:37pm

Business & Finance

LCCI appreciates cut in policy rate

LAHORE: The Lahore Chamber of Commerce and Industry has commended the State Bank of Pakistan’s (SBP) Monetary...

Published 11 Jun, 2024 03:17am

Markets

First cut in 4 years: SBP reduces key policy rate by 150 basis points, takes it to 20.5%

Says significant decline in inflation since February broadly in line with expectations, but May outturn was better than anticipated

Updated 10 Jun, 2024 11:01pm

Business & Finance

Cut in policy rate likely

KARACHI: With the decline in the inflation and improvement in external account, analysts are expecting easing in the...

Published 01 Jun, 2024 06:59am

Markets

IMF welcomes SBP's decision to keep key policy rate unchanged

The International Monetary Fund (IMF) has welcomed the State Bank of Pakistan’s (SBP) Monetary Policy Committee...

Updated 11 May, 2024 05:17pm

BR Research

Rate cut – maybe next time!

SBP has kept the policy rate unchanged at 22 percent despite the April inflation coming down to 18 percent. It...

Published 30 Apr, 2024 08:55am

Business & Finance

Business community taken completely by surprise by no change in key policy rate

KARACHI: Business community has shown displeasure over 7th status quo in the key policy rate. KCCI President...

Published 30 Apr, 2024 03:43am

Markets

7th straight status quo: SBP holds key interest rate at 22%

Upcoming budgetary measures may have implications for the near-term inflation outlook, Monetary Policy Committee says in press release

Updated 29 Apr, 2024 09:53pm

MPC meeting on 29th

KARACHI: The State Bank of Pakistan will convene the monetary policy committee meeting on April 29, 2024 to decide...

Updated 20 Apr, 2024 09:06am

Markets

SBP keeps key policy rate unchanged at 22%

This is the sixth successive decision to hold rates by Pakistan's central bank

Updated 18 Mar, 2024 08:43pm

Markets

Monetary Policy Committee to meet on Monday: SBP

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, March 18, 2024 to...

Updated 15 Mar, 2024 11:13pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Monetary Policy Committee

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