Real interest rate turns positive | The Express Tribune

Real interest rate turns positive | The Express Tribune

KARACHI: Pakistan’s real interest rate – the current interest rate minus the inflation reading – has entered positive territory on a spot basis after a gap of 37 months on Monday, increasing the probability that the central bank will make the first cut in its policy rate in the next …

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SBP faces dilemma over interest rate | The Express Tribune

SBP faces dilemma over interest rate | The Express Tribune

KARACHI: Pakistan’s central bank is scheduled to meet on Monday to determine the benchmark interest rate for the next six weeks. It will be a highly tricky meeting with almost half of the financial experts and key investors betting on the bank cutting the rate, while the remaining half believe …

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Banks achieve 86% growth in profits | The Express Tribune

Banks achieve 86% growth in profits | The Express Tribune

KARACHI: Pakistan’s banks listed on the stock market have reported an outstanding growth of 86% in their net profit in the year ended December 2023, boosting total earnings to a record high of Rs572 billion amid a higher interest rate season in the country. The banks have managed to achieve …

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