Interest rate determination, Monetary Policy Committee meeting will be held today
Concerns about the global economy due to external factors, especially the situation in the Middle East, may cause the policy rate to remain unchanged. Photo: File
Karachi: The Monetary Policy Committee will meet today to determine the interest rate.
Taking into account the reduction in inflation and the improvement in economic indicators, market players are expecting a reduction in interest rates, however, analysts also say that due to external factors, especially the situation in the Middle East, the concerns facing the global economy will keep the policy rate unchanged. can cause
Most experts are of the opinion that the Monetary Policy Committee has the scope to cut the interest rate by 100 to 150 basis points from June 2023 at the level of 22 percent.
Interest rate determination, Monetary Policy Committee meeting will be held today