{"id":49339,"date":"2026-04-27T12:04:39","date_gmt":"2026-04-27T12:04:39","guid":{"rendered":"https:\/\/ipp-news.com\/?p=49339"},"modified":"2026-04-27T12:04:39","modified_gmt":"2026-04-27T12:04:39","slug":"sbp-raises-monetary-policy-rate-by-100-bps-to-11-5","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=49339","title":{"rendered":"SBP raises monetary policy rate by 100 bps to 11.5%"},"content":{"rendered":"<div>The State Bank of Pakistan (SBP) has raised the policy rate by 100 basis points (bps) to 11.50%. In a statement following its meeting held on Monday, the SBP&#8217;s Monetary Policy Committee said it had decided to raise the policy rate with effect from April 28.<\/p>\n<p>The Monetary Policy Committee decided to raise the policy rate by 100 basis points to 11.50% w.e.f 28-Apr-2026 in its meeting held on 27-Apr-2026.<br \/>\n\u2014 SBP (@StateBank_Pak) April 27, 2026<\/p>\n<p>Earlier\u00a0in March, the SBP maintained its policy rate unchanged at 10.5% following its meeting on March 9.\u00a0<\/p>\n<p>The cautious pause in March was seen as support for ongoing macroeconomic stability efforts, building on prior rate reductions (including the 50 bps cut to 10.5% in December 2025), while allowing time to monitor energy price dynamics, domestic inflation trends, and external account resilience.<\/p>\n<p>The SBP emphasised in its previous many PMC statements a balanced approach to safeguarding price stability while nurturing sustainable growth recovery.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The State Bank of Pakistan (SBP) has raised the policy rate by 100 basis points (bps) to 11.50%. In a statement following its meeting held on Monday, the SBP&#8217;s Monetary Policy Committee said it had decided to raise the policy rate with effect from April 28. The Monetary Policy Committee decided to raise the policy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-49339","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/49339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49339"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/49339\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}