Pakistan cuts key rate by 50 bps to 10.5% in surprise move after holding for four meetings
KARACHI, Dec 15 : Pakistan's central bank cut its key interest rate by 50 basis points to 10.5 per cent on Monday, the bank said on its website, breaking a hold on the rate for four meetings in a move that surprised analysts and came despite IMF warnings to avoid premature easing.All 12 analysts in a Reuters
15 Dec 11:08 · CNA