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Pakistan Central Bank Expected To Hold Rates Ahead Of IMF Deal

A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi

Pakistan's central bank is anticipated to maintain its current interest rates in an upcoming meeting scheduled for Monday, as indicated by a recent Reuters poll. This decision comes as the country prepares to finalize a deal with the International Monetary Fund (IMF).

The poll conducted by Reuters revealed that the majority of analysts and economists expect the State Bank of Pakistan to keep rates unchanged in order to support the economy amidst ongoing negotiations with the IMF. The central bank has been under pressure to stabilize the economy and address key issues such as inflation and fiscal deficits.

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