State Bank of Pakistan keeps its policy rate unchanged at 11.5 per cent
14 September 2026
The Monetary Policy Committee of the State Bank of Pakistan met on 14 September 2026.
It decided to keep the policy rate unchanged at 11.5 per cent.
The SBP policy rate stands at 11.50 per cent per annum.
The previous decision, announced on 27 July 2026, had also left the rate at 11.50 per cent.
The State Bank of Pakistan is the country's central bank and sets the policy rate.
Policy rate:
11.5 per cent per annum
Decision date:
14 September 2026
Previous decision:
27 July 2026, 11.50 per cent
Why it matters for exams: Central-bank policy rates of neighbouring economies are a regular comparison question beside the RBI repo rate.
UPSCSSCBank
In plain words
MPC Monetary Policy Committee — The SBP body that decides the policy rate.