Current Affairs Medium PPSC

On 27 April 2026, the State Bank of Pakistan surprised markets by raising the policy rate to what level?

Correct Answer: Option A — 11.5%

Explanation:

The SBP raised its policy rate by 100 basis points to 11.5% on 27 April 2026, its first hike since June 2023, amid Middle East-driven uncert...

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