Regulatory Alerts2026-04-27 | DMMD Circular No. 02Added · Updated
SBP Policy Rate and Overnight Repo/Reverse-Repo Facilities
The State Bank of Pakistan increases its Policy Rate from 10.50% to 11.50%, setting the Overnight Reverse Repo rate at 12.50% and the Overnight Repo rate at 10.50%. These adjustments establish an interest rate corridor with a floor of 10.50% and a ceiling of 12.50%, maintaining a width of 200 basis points. The changes apply to all commercial banks and primary dealers and take effect on April 28, 2026.
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