State Bank of Pakistan Policy Rate Today

The interest rate the State Bank sets, which every other rate in the country follows. SBP Policy Rate is currently 12.00 % per year.

SBP Policy Rate

Updated Nov 05, 2026, 08:03 AM

12.00% per year

▲Higher: Loans get dearer and savings pay more, usually to cool inflation.

▼Lower: Borrowing gets cheaper, which supports business but can feed prices.

In detail

Source

high confidence Taken directly from the official source's own figures on every update.

This one number sets the cost of money across Pakistan, from car leases to government borrowing.

Economy: A higher rate slows lending and spending to pull inflation down. It also raises what the government pays on its own debt.

For you: It moves the rate on any KIBOR-linked loan within months, and what banks pay on your savings.