The State Bank of Pakistan (SBP) on June 10, 2024, reduce... — Answer & Explanation | PrepBeePakistan

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MEDIUMENGLISHPakistan Current Affairs

The State Bank of Pakistan (SBP) on June 10, 2024, reduced its policy rate by 150 basis points to 20.5 per cent, the first cut in nearly ____ years.

Correct answer: C

Explanation

The SBP's rate cut on June 10, 2024, was the first such reduction in approximately four years.

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