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Monetary policy to be announced on July 27

KARACHI: State Bank of Pakistan (SBP) will announce monetary policy on July 27.

The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Tuesday, July 27, 2021, at the SBP Karachi to decide about the monetary policy, a statement said.

State Bank of Pakistan Governor Dr Reza Baqir will address a press conference on the same day after the meeting, it added.

Meanwhile, the financial market participants are expecting the key policy rate to remain the same in the upcoming monetary policy announcement.