State Bank cuts interest rate by 75bps, disappoints markets

[ahlam1399]

State Bank cuts interest rate by 75bps, disappoints markets

KARACHI: The central Bank delivered the much-awaited interest rate cut on Tuesday — the first after almost four years — to support the country’s fragile economy that now also faces the threat of coronavirus, though the move failed to cheer the market which was betting on a bigger...

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