KARACHI: The Monetary Policy Committee (MPC) reduce the important thing coverage fee by 200 foundation factors (bps), the State Bank of Pakistan (SBP) introduced on Monday, as inflation continued to ease.
Last month, the central financial institution reduce its key rate of interest by 250bps to fifteen%, at the very least 0.5% greater than the market expectations amid declining inflation.
The shopper worth index (CPI) for November clocked in at 4.9% — effectively under the final market consensus.
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