According to details, businessmen including industrialist Zubair Motiwala thanked the Prime Minister for this important step. The reduction in interest rates will provide relief in trade matters.
The State Bank has made a very good decision on which we thank Imran Khan. The State Bank should have made this decision long ago.
The State Bank cut interest rates by 2%
It may be recalled that the State Bank reduced interest rates by 2%, after which interest rates fell to 9%. According to the bank, in a week the central bank’s reserves recorded an increase of $ 25 million.
Spokeswoman SBI said the value of central bank reserves increased to $ 10 billion 97 million, while deposits of commercial banks exceeded $ 6 billion 32 million.