SBP due to announce monetary policy on Nov. 30

State Bank of PakistanKARACHI: State Bank of Pakistan (SBP) is due to announce its monetary policy on Nov. 30 for the subsequent two months, chief spokesman for the State Bank of Pakistan Syed Wasimuddin said on Monday.

The state bank cut its key policy rate by 150 basis points to 12 percent on Oct. 8.