MPS today


WEB DESK: The State Bank of Pakistan (SBP) will announce Monetary Policy today (Saturday) for next two months.

An independent monetary policy committee will meet on May 21, 2016 with Ashraf Mehmood Wathra, the governor of State Bank of Pakistan, the governor in the chair to take a decision on key policy rate, which has been maintained at 6 percent for the last few months.

The market is expecting that the SBP is most likely to maintain status quo due to expected inflationary pressure on the economy as commodity prices in the world market are rebounding. – Business Recorder

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