Approximately what level did the SBP hold its policy rate at during much of 2026 amid Middle East-driven inflation risks?
A
9%
B
13%
C
10.5%
D
16%
Correct Answer: Option C — 10.5%
Explanation:
The State Bank of Pakistan held its benchmark policy rate around 10.5% during 2026, pausing its earlier easing cycle as rising global oil prices from the Middle East conflict clouded the inflation outlook.