KARACHI: The State Bank of Pakistan (SBP) on Monday announced that the interest rate will remain unchanged at 11 per cent, as per the report.
“The interest rate has been kept unchanged in view of the existing inflation levels and recent floods in the country,” the central bank said in a statement.
The Monetary Policy Committee, chaired by Governor Jameel Ahmad, conducted a detailed review of the domestic and global economic situation, inflation trends, and growth indicators before making the decision.
Earlier, experts had predicted that, considering the current inflation levels and overall economic conditions, the policy rate was likely to stay unchanged at 11 per cent.
According to SBP’s report, monthly inflation in September 2025 was recorded at 5.6 per cent, while the current account posted a surplus of $110 million during the same month.
In the previous monetary policy announcement on September 15, the State Bank had also maintained the policy rate at 11 per cent.
“The Monetary Policy Committee decided to keep the policy rate unchanged at 11 per cent in its meeting held on September 15, 2025,” the SBP stated on its website, adding that a detailed statement would be released soon.
Experts noted that although inflation has remained steady, the economic challenges caused by the recent floods have left limited scope for any reduction in the interest rate.