Karachi: The Monetary Policy Committee of the State Bank of Pakistan has decided to maintain the policy rate at 11.50 percent for the next one and a half months.

The committee said that in view of the current economic situation and uncertain conditions in the global markets, it has been decided to keep the interest rate unchanged.

In its review, the Monetary Policy Committee reviewed the country’s economic indicators, inflation trends and external factors in detail. According to the committee, despite strong hopes for peace in the Middle East, it was considered necessary to adopt a cautious approach, as fluctuations in global crude oil prices can affect inflation.

It may be recalled that the previous monetary policy review was held on April 27, in which the interest rate was increased by 100 basis points to 11.50 percent. At that time, potential inflationary pressures and external factors were cited as the main reasons for the increase.

Today’s monetary policy review was the last review of the fiscal year 2025-26, which was closely watched by the business, financial and investment sectors.

Following the committee’s latest decision, the policy rate will remain at 11.50 percent for the next one and a half months, while future decisions will be made keeping in mind inflation, global oil prices and the overall economic situation.