SBP Holds Policy Rate Steady at 11% Amid Inflation and Fiscal Caution
The State Bank of Pakistan has kept its policy rate unchanged at 11%, citing inflation control and external sector stability. Despite business sector calls for rate cuts, SBP maintains a cautious stance amid fiscal and global uncertainties.
PSX Surges by Over 1,500 Points Following Federal Budget Approval and Geopolitical Relief
The Pakistan Stock Exchange witnessed a surge of nearly 1,600 points following the federal budget’s approval and easing geopolitical tensions, reflecting strong investor confidence and hopes of economic stability.