Which country did the SBP's August 2026 Monetary Policy Report note conducted rate hikes since the Middle East conflict began, alongside others?
A
Central banks across the EU and many emerging markets
B
Only Gulf states
C
Only oil-exporting nations
D
Only G7 nations
Correct Answer: Option A — Central banks across the EU and many emerging markets
Explanation:
The SBP's August 2026 Monetary Policy Report noted that central banks across the EU and in many emerging markets had raised rates since the start of the Middle East conflict, the most significant tightening since 2022.