ISLAMABAD, Sept. 15 (Xinhua) -- The State Bank of Pakistan (SBP) on Monday decided to maintain its policy rate at 11 percent, assessing that the real interest rate remains adequately positive to stabilize inflation within the medium-term target range of 5 to 7 percent.
In its statement, the central bank noted that inflation could face volatility in the near term due to the impact of recent floods, which have pushed up food prices.
