The State Bank of Pakistan has announced its new monetary policy, deciding to keep the policy rate unchanged at 22%. The Monetary Policy Committee, in a meeting held on June 15, 2026, decided to maintain the current interest rate, as officially declared on the central bank's website.
Policy Rate Decision
The announcement was made after a thorough review of economic indicators. The central bank had also kept the interest rate unchanged in the previous monetary policy decision. According to economic experts, this decision came just hours after the historic peace agreement between the United States and Iran.
Impact of US-Iran Peace
Expectations have increased that the diplomatic development may reduce pressure on Pakistan's external accounts. A decline in global energy prices, particularly crude oil, could provide significant relief to the national economy. The decision to maintain the policy rate at its current level reflects the central bank's cautious approach amid global and domestic economic conditions.
The State Bank's monetary policy aims to balance inflation control with economic growth, and the unchanged rate signals stability in the near term.
