SBP cuts interest rate by 75bps; disappoints market

[ahlam1399]

SBP cuts interest rate by 75bps; disappoints market

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

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