The next meeting of Pakistan's monetary policy committee has been moved up and will now be held on Thursday, the State Bank of Pakistan said on Twitter. The cash-strapped country is undertaking key measures to secure a $1 billion loan from the International Monetary Fund (IMF), including raising taxes, and removing blanket subsidies and artificial curbs on the exchange rate. While the government expects a deal with the IMF soon, media reports say the agency expects the policy rate to be increased. Market participants in a recent treasury bill auction expect a 200 basis point increase at least in the central bank's policy rate, which stands at 17%. Investors were an
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