Karachi: State Bank of Pakistan likely to announcement Monetary Policy for the next two months on March 21 by the State Bank of Pakistan (SBP).
According to market analysts, it is expected further cut in discount rate in view of improvement in the country’s foreign exchange reserves, stability in rupee value and the decline of inflation rate to 3 percent.
Market analysts also expecting that the central bank might slashed discount rate by 0.5 to 1 percent.
The economic analysts are of the view that a further cut in the policy rate of the SBP will not only provide additional impetus to the business and economic activities but also help boost employment in the country
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