A. Increased the policy interest rate.
B. Lowered import tariffs.
C. Held the policy rate steady at 10.5%.
D. Introduced a new currency note.
On March 10, 2026, the State Bank of Pakistan (SBP) announced that it would keep the policy interest rate unchanged at 10.5% during its Monetary Policy Committee meeting. The decision was made to maintain economic stability as global uncertainty increased due to rising oil prices and geopolitical tensions in the Middle East.
By keeping the rate steady, the central bank aims to control inflation and monitor economic conditions before making further monetary adjustments. The move reflects a cautious approach while Pakistan faces external economic pressures and fluctuating energy prices.
Key Details About the Economic Decision Announced by the State Bank of Pakistan:
- The policy interest rate was kept unchanged at 10.5%.
- The decision was taken by the Monetary Policy Committee (MPC) of the SBP.
- Rising oil prices and global uncertainty influenced the cautious policy stance.
- The move aims to maintain economic stability and control inflation in Pakistan.