Islamabad: The State Bank of Pakistan will hold its Monetary Policy Committee meeting on April 27, with the possibility of a minor hike in interest rates being indicated.
According to the market survey, 53 percent of participants are in favor of an interest rate hike, with the majority expecting a 50-100 basis points hike, while some experts are of the opinion of a smaller or larger hike.
On the other hand, 47 percent of participants are not in favor of any change, with most of them in favor of maintaining the current level.
Market indicators, including KIBOR and Treasury bill yields, indicate that investors are expecting a limited adjustment rather than a large hike.
According to experts, rising global oil prices and regional tensions may influence policy decisions, but a cautious strategy is more likely to be adopted rather than a tight monetary policy.
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