Pakistan, July 30 -- The State Bank of Pakistan (SBP) has announced that the Monetary Policy Committee (MPC) has decided to maintain the policy interest rate at 11 percent for the next two months. The announcement came during a press conference held by the SBP Governor after the latest MPC meeting.

Explaining the decision, the SBP Governor said that current economic indicators do not support a change in the interest rate at this time. Therefore, the committee opted to keep the rate unchanged to maintain financial stability and control inflation.

He added that inflation has shown signs of moderation, but further observation is needed before considering any rate cuts. For now, keeping the interest rate stable will help manage demand and p...