Islamabad, November 4, 2024—The SBP slashes interest rate by 2.5%, equivalent to a 250-basis-point reduction in the benchmark rate bringing it down to 15%. This significant rate cut announced during today’s Monetary Policy Committee (MPC) meeting, aims to stimulate economic activity by making borrowing more affordable for businesses and households. This brings the interest rate down, marking … Continue reading SBP Slashes Interest Rate by 2.5%, Helping Boost in Economic Activity