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'Aaj Shahzeb Khanzada Kay Sath' : Interest rate to be maintained: SBP governor

National
January 23, 2021
KARACHI: Governor State Bank Reza Baqir Friday said it has been decided to maintain interest rate during the Monitory Policy Committee meeting, adding that the SBP is to issue forward guidance.
In Geo’s programme ‘Aaj Shahzeb Khanzada Kay Sath’, the SBP governor said the forward guidance was issued to increase the trust of businessmen and investors. He said the Monitory Policy Committee thought to issue the forward guidance as we have been feeling confidence of our economy. He said some have reservations as after entering IMF programme, previous steps might be repeated but through issuing the ‘forward guidance’, we indeed conveying a message that monitory decisions would not be taken like the past. He said some decisions would have been taken to improve current account and physical deficits. ....

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Aaj Shahzeb Khanzada Kay Sath': Interest rate to be maintained, says SBP governor

National
January 23, 2021
KARACHI: Governor State Bank Reza Baqir Friday said it has been decided to maintain interest rate during the Monitory Policy Committee meeting, adding that the SBP is to issue forward guidance.
In Geo’s programme ‘Aaj Shahzeb Khanzada Kay Sath’, the SBP governor said the forward guidance was issued to increase the trust of businessmen and investors. He said the Monitory Policy Committee thought to issue the forward guidance as we have been feeling confidence of our economy. He said some have reservations as after entering IMF programme, previous steps might be repeated but through issuing the ‘forward guidance’, we indeed conveying a message that monitory decisions would not be taken like the past. He said some decisions would have been taken to improve current account and physical deficits. ....

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