What is the current SBP interest rate in Pakistan?
A. 15%
B. 10%
C. 8%
D. 7%
Details:
The State Bank of Pakistan (SBP) on 7 July 2022 raised its benchmark interest rate by 125 basis points, from 13.75 percent to 15 percent, the highest level since 2008, with an aim at “ensuring a soft landing of the economy amid an exceptionally challenging and uncertain global environment.”
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