Monetary Policy Apr 24I believe the SBP will keep the policy rate unchanged at 22% in the upcoming MPC meeting. Due to the following points:
1. Inflation has been decreasing month by month due to lower food inflation, which holds greater weightage in our national CPI. However, it's important to note that this decrease ma
Key data points
Last release
—
Observation period
Mar 10, 2025
Next release
—
Forecast
12.00 %
Highest
22.00 % on May 31, 2024
Lowest
5.75 % on Dec 31, 2017
About Pakistan interest rate
In Pakistan, interest rates decisions are taken by the State Bank of Pakistan. On 23rd of May, 2015 the discount ceiling rate was replaced by a new official interest rate, the SBP Policy rate.
Related indicators
Frequently Asked Questions
Pakistan interest rate is 12% at the moment.
Last month Pakistan interest rate was 12%, and the month before it reached 12%.
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically an annual percentage of the loan outstanding. When it comes to the national level, interest rate is a rate at which banks borrow money from a country's central bank.
Yes, negative interest rate can be used by the government as a monetary policy tool to stimulate economy growth.
Growing or falling interest rate can influence the country's economy, stimulate it or lower the inflation level. Even people can feel the effect of interest rate's movements — for example, if interest rate increases, loans get more expensive.