150 basis points Archives

Hike in policy interest rate to affect the growth of business and economy – ICCI

On: November 29, 2021

Tagged: 150 basis points, business activities, Islamabad Chamber, policy interest rate, State Bank Pakistan

ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the policy interest rate was already higher in Pakistan compared to regional countries and the SBP has made unprecedented hike of 150 basis points in it in one go taking it toRead More →

RCCI President strongly resents 150 basis points hike in SBP’s interest rate

On: November 19, 2021

In: Commerce and Industry

Tagged: 150 basis points, Rawalpindi Chamber, SBP’s interest rate, strongly resents

RCCI President Nadeem Raufl strongly resents 150 basis points hike in SBP’s interest rate RAWALPINDI The Rawalpindi Chamber of Commerce and Industry (RCCI) on Friday showed strong reservations for increasing 150 basis points in the interest rate by the State Bank of Pakistan taking it from7.25 percent to 8.75 percent.Read More →