Islamabad: The Monetary Policy Committee of the State Bank of Pakistan has decided to keep the policy rate unchanged at 11.5 percent. At its meeting held in Karachi today, seven of the ten members voted in favour of maintaining the current policy rate.

According to Radio Pakistan, the decision to hold the policy rate steady was made after careful consideration of various economic factors and prevailing market conditions. The committee's majority decision reflects a cautious approach to balancing inflationary pressures with economic growth objectives.