The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday decided to keep the policy rate unchanged at 11%, marking the 'third' consecutive time the rate has been held steady.

The decision reflects a cautious approach as the central bank balances support for a fragile economic recovery with internal and external risks, despite calls from the business community to cut the rate to reduce borrowing costs and stimulate growth.

In a meeting conducted today, the cautious stance is aimed at maintaining long-term sustainability, noting that holding the rate at 11% considers multiple economic factors and ensures stability. This reflects the MPC’s careful balancing act between supporting growth and managing external pressures.

According to an Optimus Capital Management (OCM) re

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