SBP leaves policy rate

SBP leaves policy rate unchanged at 10 per cent

ISLAMABAD: Pakistan's central bank decided to leave its key policy rate unchanged at 10 per cent for the subsequent two months, the State Bank of Pakistan said in a statement on Saturday.

In recent months the rupee has remained stable as Pakistan has rebuilt its foreign exchange reserves following the successful sale of a $2 billion Eurobond, an auction of 3G and 4G phone licences, and an injection of cash from bilateral and multilateral lenders.