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World
20:32, 07-Jul-2022
Pakistan central bank increases key policy rate by 125 bps to 15%
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Pakistan's main policy rate has been hiked 125 basis points to 15 percent, the country's acting central bank governor Murtaza Syed said on Thursday.
Syed's announcement at a virtual press conference followed a meeting of the central bank's Monetary Policy Committee, days after inflation in Pakistan surged to a 13-year high in June.
Source(s): Reuters
