Hopes For Rate Cut Not High Despite IMF Deal | Dawn News English

Despite last week's $7 billion agreement with the IMF, Pakistan's financial sector remains uncertain about future interest rates due to expected inflation rises and political instability.
A senior banker noted that while the agreement aims to stabilize the economy, budgetary measures and frequent electricity rate hikes are likely to push inflation higher, which was 12.6% last month.
The Karachi Inter Bank Offered Rate (Kibor) reflects this trend, with the six-month rate slightly below the current interest rate of 20.50%.
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