| GEO Business|
| SBP cuts discount rate by 0ne percent|
| Updated at: 1552 PST, Monday, April 20, 2009|
KARACHI: State Bank of Pakistan (SBP) has cut the discount rate by one percent bringing it down to 14 percent from 15 effective April 21.
While announcing the monetary policy for the third-quarter of the current fiscal year, SBP Governor, Salim Raza announced here.