State Bank of Pakistan recently announced monetary policy and cut interest rate. Explain the impact on those company's fund who invest in money market fund or PIB's. Also discuss how it will use Forward Rate Agreement and interest rate future contract to cover it.

Answer rating: 100% (QA)

It is mainly through money and foreign exchange market that SBP implements its monetary policy stance To implement its monetary policy SBP operationally focuses on controlling shortterm interbank inte... View the full answer