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Pakistan Keeps Key Rate Steady as Israel-Iran Tensions Rise

Pakistan Keeps Key Rate Steady as Israel-Iran Tensions Rise

Bloomberg4 days ago

Pakistan's central bank kept its benchmark interest rate unchanged, opting for caution as inflation picked up last month and the Israel-Iran conflict added uncertainty to the economic outlook.
The State Bank of Pakistan held the target rate at 11%, the central bank said in a statement on Monday. A majority of the 40 analysts surveyed by Bloomberg had predicted the move.

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