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2025-01-27 | DMMD Circular No. 01

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SBP Policy Rate and Overnight Repo and Reverse-Repo Facilities

The State Bank of Pakistan decreases the Policy Rate from 13.00% to 12.00%, effective January 28, 2025. The Overnight Reverse Repo rate is set at 13.00% and the Overnight Repo rate at 11.00%, establishing an interest rate corridor with a 200 basis point width. These adjustments apply to commercial banks and primary dealers, while other existing instructions remain unchanged.

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