Interest rates: no more room for tightening
Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both current and forward-looking inflation. Some believe that the interest rates…
The challenge of rising interest rates
While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as time. The world’s first recorded hyperinflation came during the…
Should the SBP hike interest rates again?
The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022. Recent surveys show that the vast majority of market participants…
Should the SBP hike interest rates again?
The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022. Recent surveys show that the vast majority of market participants…
History of interest rates in Pakistan
The State Bank of Pakistan’s (SBP’s) monetary policy is normally a hot topic amongst the investment community and at certain points in time it receives broader media coverage as well.…
Hot money and high interest rates: trade-offs?
Since the beginning of March’20, Pakistan’s economy witnessed three economic disturbances and one expected policy revision: a) net outflow of US$ 1.3 billion from treasury bills (dubbed as ‘hot money’)…
High interest rates: a misguided policy for Pakistan
Pakistan's interest rates have intentionally been maintained at a high level for the past months, in a miscalculated effort to control inflation by means of a contractionary monetary policy. Although…
Russia’s VTB expects rising interest rates could hit profit next year
Russia’s second-biggest bank VTB won’t necessarily see 2022 net profit match this year’s expected record high as sharp rises in interest rates reduce margins, Chief Executive Andrey Kostin told Reuters.…
Pakistan’s economy: Are interest rates relevant?
The level, extent, nature and composition of ‘cash economy’ of the country constitute a subject which is not researched and identified on scientific basis in Pakistan so far. All calculations…
As interest rates go up
New Zealand became the latest country, and among the first in the first world, to raise interest rates on Wednesday as inflationary concerns and an out-of-control housing market forced the…
