SBP announces to continue current interest rate of 13.25pc for next two months

State Bank of Pakistan today announced the Monetary Policy for next two months and kept the rate of interest unchanged at 13.25 percent.

According to a press release issued on Monday, the rupee has strengthened modestly against the US dollar.

It is said that the external sector continued to show significant improvement with a sizeable reduction of around 32 percent in the current account deficit during FY19. The trend continued in the first month of FY20 as well.

Source: Radio Pakistan