SBP Likely to Keep Interest Rate Unchanged Next Week
The State Bank of Pakistan (SBP) is expected to keep its policy rate unchanged at 11.5 percent at its 14 … Read More The post SBP Likely to Keep Interest Rate Unchanged Next Week appeared first on ProPakistani .
The State Bank of Pakistan (SBP) is anticipated to maintain its policy rate at 11.5 percent during its monetary policy meeting on September 14, 2026, according to a recent AHL survey. The survey revealed that 87.5 percent of respondents anticipate the policy rate to remain unchanged, with only 12.5 percent expecting a 50-basis-point increase.
The Monetary Policy Committee (MPC) meeting date is set for September 14, 2026. Despite a narrowing of Pakistan's current account deficit to $328 million in July, up 38 percent year-on-year, and an increase in remittances to $3.6 billion, inflation has risen to 10.18 percent in the first two months of the fiscal year 2027, compared to 3.56 percent a year earlier.
However, the SBP is likely to consider whether the inflation increase becomes broad-based and persistent before adjusting rates. Additionally, economic growth remains supportive, with large-scale manufacturing showing a strong performance of around 5 percent in the fiscal year 2026, its best result in nearly four years.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
