Pakistan’s Inflation Hits Lowest Level in Over Six Years
The Consumer Price Index (CPI) inflation in Pakistan fell to 4.9% year-on-year in November 2024, marking a significant drop compared to 7.2% in October and a staggering 29.2% in November…
State Bank of Pakistan Announces Significant Interest Rate Cut
In a landmark move, the State Bank of Pakistan (SBP) has reduced the interest rate by 150 basis points to 20.5%, effective June 11, 2024. This decision marks a departure…