Policy rate likely to be cut by 200 basis points in next MPC, experts say Blogging Sole

Policy rate likely to be cut by 200 basis points in next MPC, experts say

 Blogging Sole

State Bank of Pakistan building in this undated image. — AFP/File The SBP has cut interest rates four times in a row since June. The CPI for November stood at 4.9%, well below the general market consensus. 71% of survey participants expect a minimum rate cut of 200 basis points by the SBP. The State … Read more

What led to the historic rise of the PSX? Experts weigh in Blogging Sole

What led to the historic rise of the PSX? Experts weigh in

 Blogging Sole

Brokers monitor the latest stock prices at the Pakistan Stock Exchange (PSE) in Karachi, July 3, 2023. — AFP Despite the political noise and economic worries that make headlines every other day, the Pakistan Stock Exchange (PSX) broke all previous records and touched an all-time high of over 100,000 points on Thursday. The PSX’s benchmark … Read more