Pakistan central bank lifts key rate 100 bps to 11.5% after oil shock fears

Published on 27 April 2026

First hike in nearly three years, spurred by war-linked oil risks

Pakistan’s central bank raised its key policy rate by 100 basis points to 11.5% on Monday, its first increase in almost three years. The move is aimed at curbing inflation risks as rising oil prices linked to the Iran–U.S. conflict threaten costs in the import-dependent economy.

Policy rate increased by 100 bps to 11.5%
First hike in nearly three years
War-driven oil price fears stoke inflation risk
Import-dependent economy faces higher cost pressures

#inflation #interest rates #pakistan #central bank #oil prices

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Pakistan central bank lifts key rate 100 bps to 11.5% after oil shock fears

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