empty
 
 

27.04.202611:19:09UTC+00Pakistan Hikes Policy Rate in Surprise Move

On April 27, 2026, the State Bank of Pakistan raised its benchmark policy rate by 100 basis points to 11.5%, defying market expectations that it would hold steady at 10.5%. This was the first rate increase since June 2023 and came amid heightened uncertainty over inflation, driven largely by volatile oil prices linked to ongoing tensions in the Middle East. Pakistan’s inflation rate accelerated for a third consecutive month to 7.3% in March, its highest level since August 2024, and moved above the central bank’s 5–7% target range for the first time since October 2024.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback