Tag: Policy Rate
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BNM Keeps Policy Rate Steady as Malaysia’s Economy Holds Up
BNM Set to Hold Policy Rate Amid Steady Growth Bank Negara Malaysia (BNM) is expected to keep its benchmark policy rate unchanged in the upcoming monetary policy decision, underscoring a broader theme of economic resilience. With growth cooling yet remaining robust, inflation well-contained, and the ringgit strengthening, the central bank appears ready to preserve its…
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RCCI Advocates for Significant Policy Rate Cut by SBP
RCCI Calls for Policy Rate Reduction The Rawalpindi Chamber of Commerce and Industry (RCCI) is making headlines this week as it urges the State Bank of Pakistan (SBP) to consider a substantial reduction in the policy rate. In a formal recommendation, RCCI has suggested that the SBP cut the policy rate by at least 3%…
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RCCI Advocates for Policy Rate Cut in Pakistan
Understanding the RCCI’s Recommendation The Rawalpindi Chamber of Commerce and Industry (RCCI) has made a bold recommendation to the State Bank of Pakistan (SBP) for a significant cut in the policy rate. The chamber has pointed out that a reduction of at least 3% could potentially stimulate economic activity and foster financial stability within the…
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RCCI Advocates for Policy Rate Reduction by SBP
RCCI Calls for Significant Policy Rate Reduction The Rawalpindi Chamber of Commerce and Industry (RCCI) has made a bold recommendation to the State Bank of Pakistan (SBP) ahead of its upcoming Monetary Policy Committee (MPC) meeting. The organization is advocating for a substantial cut in the policy rate, suggesting a reduction of at least 3%.…