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"path": "/latest/sbp-raises-key-rate-by-100-bps-to-11-50-per-cent/",
"publishedAt": "2026-04-27T11:26:44.000Z",
"site": "https://humenglish.com",
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"SBP raises policy rate by 100 bps to 11.50 per cent",
"HUM News English"
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"textContent": "KARACHI: Pakistan’s central bank on Monday raised its key policy rate by 100 basis points to 11.50 per cent, citing the need to address inflationary pressures and stabilise the economy.\n\nThe State Bank of Pakistan (SBP) said its Monetary Policy Committee (MPC) took the decision after reviewing the country’s macroeconomic conditions\n\nAccording to a statement issued on Monday, the new rate will take effect from April 28, 2026, the central bank said, adding that a detailed monetary policy statement would be released later.\n\nhttps://twitter.com/StateBank_Pak/status/2048714902303572170?s=20\n\nEconomists said the rate hike was aimed at curbing rising inflation and anchoring economic stability, though it could increase borrowing costs for businesses and consumers.\n\nHigher interest rates are expected to make bank lending more expensive, potentially slowing industrial and commercial activity.\n\nPakistan’s economy has come under pressure in recent months due to rising global oil prices and external factors, prompting tighter monetary policy measures.\n\nThe post SBP raises policy rate by 100 bps to 11.50 per cent appeared first on HUM News English.",
"title": "SBP raises policy rate by 100 bps to 11.50 per cent"
}