Decrease in current account, inflation is the worst reason to increase interest rate

Decrease in current account, inflation is the worst reason to increase interest rate

The third reason is the uncertain global economic conditions, major economic powers may face recession, State Bank Director. Photo: File Karachi: Bank Daulat Pakistan recently announced its monetary policy, increasing the policy rate by 100 basis points to 17 percent. In the State Bank Podcast, Fida Hussain, Director, Monetary Policy Department, State Bank, has explained…

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