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Pakistan , Friday 16 October 2026

Pakistan set to raise interest rates in off-cycle review, say investors

Published on: Thursday 23 February 2023

Pakistan set to raise interest rates in off-cycle review, say investors KARACHI, Pakistan (Reuters) -Pakistan's central bank is set to raise interest rates as early as this week in an off-cycle review, investors said, as the South Asian nation faces pressure to mend its finances while seeking a $1 billion loan from the International Monetary Fund. Market participants in a recent treasury bill auction are expecting at least a 200 basis point increase in the central bank's policy rate, which stands at 17%. The expected increase is based on rates the Pakistan government set in the auction to raise domestic debt.


News source: https://finance.yahoo.com/news/pakistan-set-increase-interest-rates-080935633.html

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