Pakistan Largest Bank Earned Profit of PKR 29.1 Billion in 1H 2024
Karachi August 27 2024: HBL, the largest bank of Pakistan, declared a consolidated profit after tax of PKR 29.1 billion, ...
Tag: policy rate
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Pakistan Lending Benchmark Rate Drops More Than 700 Basis Points From Peak
Karachi August 22 2024: Pakistan lending benchmark, 6-Month KIBOR, has declined by over 700 basis points from its peak, according ...
Bangladesh to Raise Policy Rates From Next Week to Fight Prices
Dhaka August 22 2024: Bangladesh’s central bank plans to increase its policy interest rate by half a percentage point next ...
Bank of England Cuts Rates from 16-year High
London August 1 2024: The Bank of England cut interest rates from a 16-year high on Thursday after a narrow ...
Fed Leaves Rates Unchanged, Nods to Possible September Cut
Washington DC July 31 2024: The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing ...
Foreign Investors Shows Dissatisfaction Over 100 Basis Points Rate Cut
Karachi July 30, 2024: The State Bank of Pakistan announced its first monetary policy yesterday, in which the committee decided ...
Russia Sharply Hikes Rates to 18% Despite Single Digit Inflation
Moscow July 26 2024: Russia's central bank hiked its key interest rate by 200 basis points to 18% on Friday, ...
IMF Program Allows Pakistan Central Bank to Aggressively Cut Rates, Says JP Morgan
New York July 25 2024: With the disinflation trend still intact, the SBP has the room to ease the policy ...
China Lowers Lending Benchmarks After PBOC’s Surprise Rate Cut
Beijing July 22 2024: China cut benchmark lending rates at a monthly fixing on Monday, after the central bank surprised ...
Citi Sees Room for 600bps Rate Cuts in Pakistan by June 2025
Singapore June 11 2024: Pakistan's central bank may have room to cut its benchmark interest rate by another 600 basis ...
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