What is the latest Policy Rate of State Bank of Pakistan revised in March 2020?

Correct answer: D. 12.50%

  • A. 10%
  • B. 12%
  • C. 13%
  • D. 12.50%

Explanation

The State Bank of Pakistan cut its policy rate from 13.25% to 12.50% in March 2020 as the economic impact of COVID-19 emerged. The 12.50% figure was the rate applicable after that revision.

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