By late January 2025, what was the official status of the State Bank of Pakistan’s benchmark policy rate after cumulative reductions since mid-2024?
A15.0%
B10.0%
C12.0%
D13.5%
Explanation
Following the January 2025 MPC decision, SBP lowered the policy interest rate to 12.0%.
Exam Relevance
- Topic: International & National Current Affairs (January 2025)
- Subtopic: January 2025
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