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Pakistan cuts interest rates to lowest in over 2 years
Financial Express Lucknow
|December 17, 2024
PAKISTAN'S CENTRAL BANK cut its key policy rate by 200 basis points to 13% on Monday, it said in a statement, its fifth straight reduction since June to revive a sluggish economy.
The move makes this year's cuts one of the most aggressive among emerging market central banks.
This story is from the December 17, 2024 edition of Financial Express Lucknow.
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