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State Bank of Pakistan headquarters ahead of the Monetary Policy Committee's interest rate announcement.

SBP Monetary Policy State Bank to announce key interest rate decision today

July 27, 2026
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SBP Monetary Policy is in focus today as the State Bank of Pakistan’s Monetary Policy Committee (MPC) meets to decide the benchmark interest rate for the next six weeks.

Oil Prices Crude drops over 5% as US-Iran pause raises hopes of de-escalation

The committee will review the latest inflation figures. It will also examine key economic indicators. In addition, members will assess the possible impact of Middle East tensions on Pakistan’s economy.

After the meeting, the MPC will announce its decision on the policy rate.

The SBP governor will then hold a press conference. He will explain the committee’s decision and outline the central bank’s economic outlook.

Financial markets, businesses and investors are closely watching the announcement. The decision could influence borrowing costs, inflation and overall economic activity.

The State Bank of Pakistan has kept the policy rate at 11.5% since April 27. Today’s meeting will determine whether the central bank maintains or changes that rate.

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