The State Bank of Pakistan left its key policy rate unchanged at 7% on January 22, 2021, saying the domestic recovery has gained some further traction as most economic activity data and indicators of consumer and business sentiment have shown continued improvement. On the inflation front, recent out-turns are also encouraging, suggesting a waning of supply-side price pressures from food and still-benign core inflation. As a result, inflation is still expected to fall within the previously announced range of 7-9 % for FY21 and trend toward the 5-7% target range over the medium-term. source: State Bank of Pakistan
Interest Rate in Pakistan averaged 11.12 percent from 1992 until 2021, reaching an all time high of 19.50 percent in October of 1996 and a record low of 5.75 percent in May of 2016. This page provides - Pakistan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan Interest Rate - values, historical data and charts - was last updated on February of 2021.
Interest Rate in Pakistan is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Pakistan to stand at 7.00 in 12 months time. In the long-term, the Pakistan Interest Rate is projected to trend around 7.00 percent in 2022, according to our econometric models.