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SBP to announce monetary policy on May 20

SBP to announce monetary policy on May 20

KARACHI: State Bank of Pakistan (SBP) will announced monetary policy for next two months on Monday, May 20, 2019.

A statement issued by the SBP on Thursday said that it would announce Monetary Policy on Monday, May 20, 2019.

In the last monetary policy announcement on March 29, 2019, the central bank increased the policy rate by 50 basis points to 10.75 percent effective from April 01, 2019.