Emerging Market Rate Holds
Bank of Ghana and State Bank of Pakistan maintain benchmark policy rates at 14% and 11.5% respectively, prioritizing inflation control over immediate monetary easing.
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- MARKETBank of Ghana holds policy rate at 14% in unanimous vote
Policymakers cite stable first-quarter activity as they maintain the benchmark, keeping borrowing costs elevated to anchor inflation expectations.
Dawn - MARKED014990.KS (014990.KS)
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- DATAPakistan central bank holds policy rate at 11.5% as inflation risks persist
The State Bank of Pakistan keeps borrowing costs steady despite macroeconomic improvements, signaling a cautious stance on price stability.
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