State Bank of Pakistan building is seen in this undated image. — SBP/File
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Monday announced its decision to maintain the existing policy rate unchanged at 11%.
This marks the fourth straight MPC meeting where the central bank has extended a pause in monetary easing as policymakers weighed inflation risks from flood damage against a fragile economic recovery.
This is a developing story and is being updated with more details.
