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Bank of Pakistan

Bank of Pakistan latest

Pakistan Registers Highest Inflation in the World This Year
June 7th, 2020 - 10:30 GMT

Pakistan Registers Highest Inflation in the World This Year

For Pakistans residents, the fiscal year 2020 was the worst year as they witnessed the highest inflation in the world forcing policymakers to increase the interest rates, according to the State Bank of Pakistan (SBP). "Pakistan witnessed highest inflation not only in comparison with the developed economies but also with emerging economies," said the Inflation Monitor for April issued by the SBP on Saturday. The SBP pushed up interest rates ...
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