You can see interest rates in other countries in interest rates and see all the economic information about Pakistan in Pakistan economy. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. NBP Rate Sheet 03 Dec 2020: View Now: NBP Rate Sheet 02 Dec 2020: View Now: NBP Rate Sheet 01 Dec 2020: View Now: NBP Rate Sheet 30 Nov 2020: View Now: NBP Rate Sheet 27 Nov 2020 Auction Result (Latest) of Sale of Fixed Rental Rate GoP Ijara Sukuk (FRR-GIS) Ijara Sukuk - Auction Tender Notice of Government of Pakistan : Dec 01, 2020 : Ijara Sukuk GOP - Auction Result (Latest) Oct 15, 2020 : Interest Rate Corridor Activity Bank-Wise on Quarterly Basis : Interest Rate Corridor of SBP- History : Nov 26, 2020 As the graph below shows, over the past 14 years this indicator reached a maximum value of 8.32 in 2016 and a minimum value of -6.77 in 2006. UPDATE 3-Pakistan central bank raises key interest rate to 13.25%. 2015. 3 Month Treasury Bill Rate is at 0.09%, compared to 0.09% the previous market day and 1.59% last year. Either you are borrowing money on fixed interest rate or on revolving interest rate (based on KIBOR). 2019. 5.75. Rather than keeping large amounts of money at home, HBL’s Savings Account allows you to secure your savings with us, providing principal security as well as a modest profit rate. More buying and selling rates … Direct access to our calendar releases and historical data. Deposit Interest Rate in Pakistan averaged 6.19 percent from 2004 until 2020, reaching an all time high of 10.60 percent in February of 2020 and a record low of 1.57 percent in April of 2004. The economy likely recovered in Q1 of this fiscal year—which began in July 2020—after GDP growth slowed significantly in FY 2020 (July 2019–June 2020) due to lockdown measures imposed at the tail end of the year. 1992-2020 Data | 2021-2022 Forecast | Historical | Chart. Click to Download. Interest Rate in Pakistan averaged 11.13 percent from 1992 until 2020, reaching an all time high of 19.50 percent in October of 1996 and a record low of 5.75 percent in May of 2016. from: 16.00%. This change is the first to have taken place since on May18th 2020, when the Central Bank lowered interest rates by 1 percentage points to 8%. The Pakistan 10Y Government Bond has a 10.066% yield. Pakistan - Real interest rate (%) The value for Real interest rate (%) in Pakistan was 5.91 as of 2018. An ideal account for anyone who wants to keep aside some extra funds for emergencies. Pakistan November Wholesale Inflation Edges Down to 5%, Pakistan Inflation Rate Eases to 8.4% in November, Moody's Changes Pakistan Outlook to Stable, Baltic Dry Index Posts 1st Weekly Loss in Three, South African Stocks End at Over 1-1/2-Year High, Italian Shares Gain for 2nd Session but End Week Lower, French Bourse Rises on Friday to Book Small Weekly Gain. 0.25. If you are looking to earn high rate of returns on your fixed deposits with the benefit of monthly profits, […] Read more > Alfalah Foreign Currency Fixed Account It also revitalizes the economy and helps to increase exports. When we see developed economies, the interest rates are much lower compared to Pakistan, for instance, the current policy rate is 1.3% in USA, 0.5% in Australia, 0% in Europe and Sweden while -0.1% in Japan. Personal Loans. 0.25. Inflation, measured through the Consumer Price Index (CPI), has enhanced by 1.97 percent in January as compared to December, the Pakistan Bureau of … This page provides - Pakistan Interest Rate - actual values, historical data, forecast, … Subscribe to our free email alert service, Drop in number of Mexicans passenger car registrations, Producer price goes up in November of 2020 in Turkey, Industrial Production goes down 0% in October of 2020 in Portugal, Industrial Production goes up in October of 2020 in United States, Americans passenger car registrations fall in November. With the move the total interest rate reduction since mid-March, when the lockdowns and disruptive impact of the Covid-19 pandemic hit Pakistan, comes to 625bps. The Laspeyres formula is generally used. Special Savings Certificate Registered Historical Profit Rates. Bank has the right to change the spread for fresh cases. The key rates a tool used by Central Banks to implement monetary policy. On 23rd of May, 2015 the discount ceiling rate was replaced by a new official interest rate, the SBP Policy rate. The Pakistani economy with a population of 170.6 Million (Est 2010) ranks 27th in the world with a GDP PPP of 439.5 billion and GDP PPP per capita of 2,683 vs 45,934 (United States) according to the IMF in 2009. Pakistan - Interest Rate Data. 2016. Exemption of deduction of Withholding tax has been withdrawn w.e.f 01-07-2013 on profit of investment upto Rs.150,000/-.W.e.f. January witnessed 12-year high inflation at 14.6 per cent. In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but … USD/PKR Rates: As on 03-Dec-20 : M2M Revaluation Rate: 160.1665 : Weighted Average Rate The markup rate is revised on every financing anniversary if there is change in SBP Discount Rate. This is lower than the long term average of … The key rates a tool used by Central Banks to implement monetary policy. Currency Rate in Pakistan - Latest currency rates in Pakistan according to the Forex Association on 3 December 2020 are US Dollar: PKR 161.10, Euro: PKR 194.00, British Pound: PKR 216.00, Saudi Riyal: PKR 43.00, UAE Dirham: PKR 44.00, Australian Dollar: PKR 119.00. 1st July,2014 the rate of tax to be deducted under Section 151 of Income Tax Ordinance 2001 shall be 10% of the yield or profit for Filers and 17.5% of … Pakistan Economic Outlook. That lowers the supply of available money, which increases the short-term interest rates. November 17, 2020. Foreign exchange dealers count Pakistani currency notes. In response to the rising prices, the SBP rose the interest rates to 13.25pc, it said. More specifically, it cut the policy rate by 75 basis points from 13.25pc to 12.5pc on March 17, by a further 150 basis points to 11pc on March 24, by 200 basis points to 9pc on April 16, and by 100 basis points to 8pc on May 15.