Central bank raises policy rate by 50 basis points to 12pc
Outlet: Dawn · none@none.com (News Desk) · Published 26/10/2026 11:06 UTC
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The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent, its first increase since April as inflation, fuelled by high energy costs due to the Gulf conflict, remained above target. In a statement, the Monetary Policy Committee (MPC) said it had decided to increase the policy rate, with a majority decision of nine out of ten members. It noted that the “intensification in the Middle East conflict and low prospects of its near-term resolution” were keeping global energy prices at persistently elevated levels. “While the impact of this global shock on
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Excerpt · detected on 26/10/2026 12:39 UTC
The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent, its first increase since April as inflation, fuelled by high energy costs due to the Gulf conflict, remained above target. In a statement, the Monetary Policy Committee (MPC) said it had decided to increase the policy rate, with a majority decision of nine out of ten members. It noted that the “intensification in the Middle East conflict and low prospects of its near-term resolution” were keeping global energy prices at persistently elevated levels. “While the impact of this global shock on
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Before: «The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent, its first increase since April as inflation, fuelled by high energy costs due to the Gulf conflict, remained above target. In a statement, the Monetary Policy Committee (MPC) said it had decided to increase the policy rate, with a majority decision of nine out of ten members. It noted that the “intensification in the Middle East conflict and low prospects of its near-term resolution” were keeping global energy prices at persistently elevated levels. “While the impact of this global shock on» 3959abfe4ef9
After: «The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent, its first increase since April as inflation, fuelled by high energy costs due to the Gulf conflict, remained above target. In a statement, the Monetary Policy Committee (MPC) said it had decided to increase the policy rate, with a majority decision of nine out of ten members. It noted that the “intensification in the Middle East conflict and low prospects of its near-term resolution” were keeping global energy prices at persistently elevated levels. “While the impact of this global shock on» 004eb2bd707e
Excerpt · detected on 26/10/2026 12:09 UTC
The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 percent. Addressing cent, its first increase since April as inflation, fuelled by high energy costs due to the Gulf conflict, remained above target. In apress conference in Karachi, SBP Governor Jameel Ahmed said that statement, the Monetary Policy Committee (MPC) said it hadmet and reviewed decided to increase thesituation since the last meeting held in September. He said that there were many “underlying factors” behind the decision, especially the inflation outlook. He cited the US-Israel war on Iran and its impact on energy and oil prices, developments in the domestic market and the subsequent impact on inflation. He said that policy rate, with a majority decision of nine out of tenMPC members voted members. It noted that the “intensification in the Middle East conflict and low prospects of its near-term resolution” were keeping global energy prices at persistently elevated levels. “While the impact of this global shock on
See versions and fingerprints
Before: «The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent. Addressing a press conference in Karachi, SBP Governor Jameel Ahmed said that the Monetary Policy Committee (MPC) had met and reviewed the situation since the last meeting held in September. He said that there were many “underlying factors” behind the decision, especially the inflation outlook. He cited the US-Israel war on Iran and its impact on energy and oil prices, developments in the domestic market and the subsequent impact on inflation. He said that nine out of ten MPC members voted » f996e4836733
After: «The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent, its first increase since April as inflation, fuelled by high energy costs due to the Gulf conflict, remained above target. In a statement, the Monetary Policy Committee (MPC) said it had decided to increase the policy rate, with a majority decision of nine out of ten members. It noted that the “intensification in the Middle East conflict and low prospects of its near-term resolution” were keeping global energy prices at persistently elevated levels. “While the impact of this global shock on» 3959abfe4ef9
Excerpt · detected on 26/10/2026 11:39 UTC
The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent. Addressing a press conference in Karachi, SBP Governor Jameel Ahmed said that the Monetary Policy Committee (MPC) had met and reviewed the situation since the last meeting held in September. He said that there were many “underlying factors” behind the decision, especially the inflation outlook. He cited the US-Israel war on Iran and its impact on energy and oil prices, developments in the domestic market and the subsequent impact on inflation. He said that nine out of ten MPC members voted
See versions and fingerprints
Before: «The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent. Addressing a press conference in Karachi, SBP Governor Jameel Ahmed said that the Monetary Policy Committee (MPC) had met and reviewed the situation since the last meeting held in September. He said that there were many “underlying factors” behind the decision, especially the inflation outlook. He cited the US-Israel war on Iran and its impact on energy and oil prices, developments in the domestic market and the subsequent impact on inflation. He said that nine out of ten MPC members voted » c82504eb355c
After: «The State Bank of Pakistan (SBP) on Monday raised the key policy rate by 50 basis points to 12 per cent. Addressing a press conference in Karachi, SBP Governor Jameel Ahmed said that the Monetary Policy Committee (MPC) had met and reviewed the situation since the last meeting held in September. He said that there were many “underlying factors” behind the decision, especially the inflation outlook. He cited the US-Israel war on Iran and its impact on energy and oil prices, developments in the domestic market and the subsequent impact on inflation. He said that nine out of ten MPC members voted » f996e4836733