SBP keeps interest rate unchanged at 13.25pc for two months

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KARACHI: The interest rate will remain unchanged at 13.25 percent for the next two months, the State Bank of Pakistan (SBP) says here.

SBP Governor Reza Baqir said that the inflation was 8.4 per cent in July last year when the monetary policy committee fixed the interest rate.

He said that the inflation rate had been 12.4 per cent recently.

Reza Baqir said that supply side inflation continued to exert pressure on the national economy.