Pakistan Central Bank Holds Key Rate at 10.5%, Defying Expectations

Pakistan Central Bank holds current key policy rate at 10.5%

He has also announced that the inflation outlook will stay between 5-7%

Pakistan's central bank keeps interest rate unchanged at 10.5%

According to a statement issued by the State Bank of Pakistan (SBP), the Monetary Policy Committee (MPC) of the bank "decided to keep the policy rate unchanged at 10.5 per cent in its meeting today (Monday)".

SBP maintains policy rate at 10.5pc

The State Bank of Pakistan (SBP) maintained its key policy rate at 10.5 per cent on Monday during its Monetary Policy Committee (MPC) meeting. Brokerage house Topline Securities noted that this “came as a surprise” as a majority of their participants were expecting a rate cut. According to the Monetary Policy Statement released by the State Bank, while headline inflation was 5.6pc in December 2025, core inflation steadied around a higher level o…

Pakistan central bank holds key rate at 10.5%, defying expectations

Policy rate decision contrary to FPCCI expectations: Saqib

KARACHI Saquib Fayyaz Magoon, Chairman of the Businessmen Panel Progressive (BMPP) and Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed deep disappointment over the Monetary Policy Committee’s decision not to reduce the policy rate. He termed this decision completely contrary to the expectations of the FPCCI and the broader business community. In a statement, Saquib Fayyaz Magoon said t…

SBP holds policy rate at 10.5% in first 2026 MPC meeting

The State Bank of Pakistan (SBP) decided on Monday to keep its benchmark policy rate unchanged at 10.5% in its first Monetary Policy Committee (MPC) meeting of 2026. SBP Governor Jameel Ahmad announced the decision in a press conference. Inflation in Pakistan could be above 7% in some months of the current fiscal year’s second half, he said. The country’s gross domestic product (GDP) would grow by 3.75% to 4.75% this year, Ahmad envisaged. What…