Which country's rate cut cycle saw a cumulative reduction of 11.5 percentage points since mid-2024?
A
India
B
Bangladesh
C
Sri Lanka
D
Pakistan
Correct Answer: Option D — Pakistan
Explanation:
Pakistan's State Bank cut its key policy rate by a cumulative 11.5 percentage points since mid-2024, bringing it down from a record high of ...
Pakistan's State Bank cut its key policy rate by a cumulative 11.5 percentage points since mid-2024, bringing it down from a record high of 22 percent.