Pakistan's finance minister hints at further interest rate cuts

Investing.com -- Pakistan’s finance minister Mohammed Aurangzeb indicated on Wednesday that there is potential for additional reductions in the country’s key policy rate, which currently stands at 11%.

"We are hopeful of progress in terms of the policy rate going south," Aurangzeb said while speaking at an event in Islamabad.

The finance minister’s comments suggest the government anticipates further monetary easing from Pakistan’s central bank, though he did not specify a timeline or target rate for future cuts.

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