Pakistan Holds Rates at 10.5% as Oil Surge Clouds Outlook
Pakistan’s central bank held its key policy rate citing economic uncertainty after oil prices surged as the Strait of Hormuz remained largely closed and the US threatened to deepen a...
By Bilal Hussain · Bloomberg Markets
Pakistan’s central bank held its key policy rate citing economic uncertainty after oil prices surged as the Strait of Hormuz remained largely closed and the US threatened to deepen a conflict that has upended energy markets.