Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 28 Apr 2026 14:25:13 +0500 Tue, 28 Apr 2026 14:25:13 +0500 60 Interest rate could be hiked to 25%: report https://english.aaj.tv/news/30332283/interest-rate-could-be-hiked-to-25-report <p><strong>With inflation continuing to increase, the State Bank of Pakistan could hike interest rate by as much as 300 points to 25%, a report said on Thursday.</strong></p> <p>The rate currently stands at 22% which was announced on June 26 this year. The rate is the highest in the country’s history.</p> <p>However, with economic indicators worsening along with a fall in the value of the rupee and an increase in the price of petrol, inflation is expected to increase. The Bank could respond by hiking the rate to 25%, the <a href="https://www.brecorder.com/news/40260623/analysts-expect-rate-hike-of-up-to-300bps-in-sbps-monetary-policy-announcement">report</a> said.</p> <p>Read: <a href="https://www.aajenglish.tv/news/30305242/here-is-how-the-highest-interest-rate-in-pakistan-since-1999-will-change-your-life">How the interest rate hike is going to affect you</a></p> <p>The meeting of the SBP’s Monetary Policy Committee is scheduled for September 14. However, emergency meetings have been convened in the past to announce increases in the interest rate.</p> <p>The rate was kept unchanged in the MPC’s last meeting on Jul 31.</p> <p>Controlling the interest rate is a key measure that the SBP can use to control how much money is being spent in the economy.</p> With inflation continuing to increase, the State Bank of Pakistan could hike interest rate by as much as 300 points to 25%, a report said on Thursday.

The rate currently stands at 22% which was announced on June 26 this year. The rate is the highest in the country’s history.

However, with economic indicators worsening along with a fall in the value of the rupee and an increase in the price of petrol, inflation is expected to increase. The Bank could respond by hiking the rate to 25%, the report said.

Read: How the interest rate hike is going to affect you

The meeting of the SBP’s Monetary Policy Committee is scheduled for September 14. However, emergency meetings have been convened in the past to announce increases in the interest rate.

The rate was kept unchanged in the MPC’s last meeting on Jul 31.

Controlling the interest rate is a key measure that the SBP can use to control how much money is being spent in the economy.

]]> Business & Economy https://english.aaj.tv/news/30332283 Thu, 31 Aug 2023 22:35:08 +0500 none@none.com (Web Desk) File photo.