Pakistan central bank raises policy rate to 13.5 pct



The State Bank of Pakistan raised the rate by 50 basis points to 13 per cent on July 30. – File Photo
KARACHI: Pakistan’s central bank on Wednesday announced an increase in its key policy rate to 13.5 percent from 13 per cent.
The State Bank of Pakistan raised the rate by 50 basis points to 13 per cent on July 30. 

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