- Pakistan relies heavily on the Strait of Hormuz for oil imports, but IMF lending limits its ability to build strategic reserves.
- Amid the ongoing geopolitical conflict, the State Bank of Pakistan is assessing the impact of the Middle East tensions on oil prices and energy supplies through the Strait of Hormuz.
SBP held its policy rate while CPI eased, coinciding with a temporary peace process agreement regarding oil markets.
1 report, 1 independent
Updated Aug 1
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What happened
SBP held its policy rate while CPI eased, coinciding with a temporary peace process agreement regarding oil markets.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Pakistan
sovereign state in South Asia
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Sbp
Nothing else this week.
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Oman
sovereign state in western Asia