KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa will announce monetary policy on Saturday, a press release said on Wednesday.
This will be the first monetary policy that Mr Bajwa will announce after assuming charge early in July. Analysts believe the policy rate will not change because inflation slowed down in June.
But banks want an upward revision as their profits are in decline because of the current 5.75pc policy rate that has prevailed for a year.
Published in Dawn, July 20th, 2017
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