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Pakistan's Central Bank Keeps Policy Rate on Hold at 10.5% on Uncertainties From Middle East Conflict

BY MT Newswires | ECONOMIC | 03/09/26 08:48 AM EDT

08:48 AM EDT, 03/09/2026 (MT Newswires) -- Pakistan's central bank (SBP) Mondays said its Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 10.5%.

"While the incoming data was largely consistent with the macroeconomic projections shared after the January meeting, the Committee observed that the macroeconomic outlook has become quite uncertain following outbreak of the war in the Middle East," wrote the central bank in its policy statement.

"In this context, the MPC deemedtoday's decision as appropriate, and reaffirmed its commitment to ensure the hard-earned price stability," added SBP.

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