Interest Rate in Pakistan is currently 15%. This rate is reduced from the 22.5% of interest to 15% in a breakthrough movement by the Government of Pakistan.
Very recently, the State Bank of Pakistan (SBP) has reduced the interest rate upto 2.5 percent which will definately enhance the commerical, economic and financial activities in the country.
What is Interest Rate in Pakistan?
What is KIBOR in Pakistan?
KIBOR is Karachi Inter Bank Offered Rate. This is the rate issued by the State Bank of Pakistan on which the commercial banks deals with one another.