On Tuesday, Pakistan’s central bank increased its key interest rate by 100 basis points to a record 21% as the cash-strapped country sought to reduce severe food inflation and keep the trust of foreign creditors. 1/4 Monetary Policy Committee decided to increase policy rate by 100bps to 21% in its meeting today.https://t.co/JeUhdtDFrq pic.twitter.com/6avIFg4S6c — SBP April 4, 2023 The key …
