SBP will announce Its Monetary Policy On Thursday
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The State Bank of Pakistan will announce its monetary policy on Thursday.
According to State Bank of Pakistan's statement meeting of the monetary policy committee is scheduled to be held on Thursday which would be followed by press conference to be addressed by the SBP Governor Tariq Bajwa to unveil monetary policy decision.
The monetary policy decisions are issued every alternate month in July, September, November, January, March and May.
The policy contains brief analysis of economic conditions and rational behind the monetary policy decision.
It involves central banks use of instruments to influence interest rates and or money supply in the economy with the objective to keep overall prices and financial markets stable.
