KARACHI - The State Bank of Pakistan has raised policy discount rate further by 200bps, to 15 percent from 13 percent amid high government borrowings, persistent demand pressures, frequent hike in core inflation and widening current
Continuing its struggle against runaway consumer prices, the State Bank of Pakistan has raised its key interest rate by 100 basis points to 13 percent. The central bank has warned that failure to do so would hurt the economy even more as
LONDON - Biofuels have caused world food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday. The daily said the report was finished in April
