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Pakistan cuts savings scheme interest rates by up to 1 percentage point to align with lower inflation.
Pakistan has reduced profit rates on various government savings schemes by up to 1 percentage point, following a drop in inflation and the central bank's interest rate cut.
The basic savings account rate has been reduced to 9.5%, while other schemes like Special Saving Certificates and Defence Savings Certificates have also seen rate cuts.
The move aims to align with current inflation trends and maintain financial stability.
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Pakistán recorta las tasas de interés del plan de ahorro hasta en 1 punto porcentual para alinearse con una inflación más baja.