Pakistan central bank hikes rate 50bp to 12%, first since April, on Gulf conflict-driven inflation
Published 10 h ago2 sourcesEvidence: Reported
BNR Vice Governor Cosmin Marinescu signals the central bank may extend its rate-hold streak, potentially setting a European record, as inflation remains high and budget imbalances persist. The statement suggests a prolonged period of restrictive monetary policy, with no near-term easing expected.
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