May 24, 2015 7:50 AM
Pak central bank slashes benchmark interest rates to a 42-year low of 7%
Pakistan's central bank slashed the benchmark interest rates to a 42-year low of seven percent, hoping to stimulate growth in the long dormant economy. Ashraf Mahamood Wathra, the Governor of the State Bank of Pakistan yesterday told a press conference in Islamabad that the apex bank is cut...