Pakistan Increases Key Rate to 13% to Slow Inflation (Update2) - Bloomberg

Story date: 2008-07-29 05:52:00
Added on: 2008-07-29 13:01:00

July 29 (Bloomberg) -- Pakistan's central bank increased its benchmark interest rate for a third time this year to tame inflation running at the fastest pace in three decades. The State Bank of Pakistan raised the discount rate at which it lends to ...


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