SBP increases key policy rate by 100 bps to 11.5pc

Karachi: The State Bank of Pakistan (SBP) decided on Monday to enhance the policy rate by 100 basis points (bps) to 11.50% in its third Monetary Policy Committee (MPC) meeting of 2026.

At its previous meeting on March 9, 2026, the MPC, in line with market expectations, kept its benchmark policy rate unchanged at 10.5%.

The Monetary Policy Committee decided to raise the policy rate by 100 basis points to 11.50% w.e.f 28-Apr-2026 in its meeting held on 27-Apr-2026.

— SBP (@StateBank_Pak) April 27, 2026