Pakistan’s central bank decided to keep its key interest rate unchanged at 11% on Monday, aligning with market expectations.
The decision comes as the bank evaluates several factors affecting the economy, particularly heightened geopolitical tensions and volatile global oil prices, which add upside risks to inflation.
These external factors appear to be significant considerations in the central bank’s monetary policy decision, as they could potentially impact price stability in the Pakistani economy.
The rate hold follows the bank’s assessment of current economic conditions and inflation outlook amid these challenging global circumstances.
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