SBP raises monetary policy rate by 100bps to 11.5% | The Express Tribune
State Bank of Pakistan. Photo: File In a move that defied market expectations, the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) announced a sharp 100 basis point increase in the policy rate, raising it to 11.5%, effective April 28, 2026. The decision, revealed after the MPC meeting held earlier today, caught analysts off…
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