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Pakistan surprises by holding key rate steady
Financial Express Ahmedabad
|July 31, 2025
PAKISTAN'S CENTRAL BANK left its key interest rate unchanged at 11% on Wednesday, saying the inflation outlook had worsened a little due to energy price fluctuations, surprising analysts who had expected another cut.
In a Reuters poll this week, all 15 analysts said they expected the SBP to ease, with nine forecasting a 50-basis-points cut, four predicting a deeper 100-ba
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