SBP Raises Interest Rate to 12% - Impact on PSX & Economy Explained | Nukta Business

The State Bank of Pakistan (SBP) has raised the policy rate by 50 basis points to 12% in its latest monetary policy decision. The decision is largely in line with market expectations, with most commentary ahead of the announcement anticipating a 50-basis-point hike. The Monetary Policy Committee cited the ongoing conflict in the Middle East as a key reason for the decision, noting that pressure on global energy prices has affected the inflation outlook, with inflation potentially exceeding the target in the coming quarters. Was the rate hike a prudent decision by the central bank? What impact will it have on Pakistan’s economy and financial markets? Watch Nukta’s Moiz-ur-Rehman in conversation with JS Global Director of Research Waqas Ghani for insights into the decision and its implications. #nukta #nuktabusiness #pakistanmonetarypolicy #pakistaneconomy #statebankofpakistan #pakistanbusiness #monetarypolicyoctober2026 Follow us on: Facebook: https://www.facebook.com/profile.php?... Instagram:   / nuktabusiness   TikTok:   / nuktabusiness   X: https://x.com/NuktaBusiness