Monetary policy to be announced on Friday – SBP

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The Monetary Policy Committee of SBP will meet on Friday, January 22, 2021 at SBP Karachi to decide about Monetary Policy.  Governor State Bank of Pakistan, Dr. Reza Baqir, will give a press conference on the same day after the MPC meeting. Monetary policy involves central banks’ use of instruments to influence interest rates and/or money supply in the economy with the objective to keep overall prices and financial markets stable. The present rate is 7 percent.

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