Karachi Interbank Offered Rate Latest data: 22 Sep 2026

Interest Rate in Pakistan

Latest interest rate and the full history as published in Pakistan.

Latest Interest Rate in Pakistan

11.50% p.a.

As of 28 April 2026

Previous rate 10.50% on 16 December 2025
Change since previous Increased by 1.00%
Last changed 28 April 2026 from 10.50% to 11.50%

The interest rate in Pakistan currently stands at 11.50% per annum (as of 28 April 2026). It rose by 1.00 percentage point from 10.50% on 16 December 2025. The last actual change was on 28 April 2026, when the rate moved from 10.50% to 11.50%.

Interest Rate History

Recorded rates, newest first. Press “Load More” to see older entries.

Date Rate (% p.a.)
28 Apr 202611.50
16 Dec 202510.50
06 May 202511.00
28 Jan 202512.00
17 Dec 202413.00
05 Nov 202415.00
13 Sep 202417.50
30 Jul 202419.50
11 Jun 202420.50
27 Jun 202322.00

Interest Rate FAQs

Common questions about the interest rate in Pakistan.

As of 28 April 2026, the interest rate in Pakistan is 11.50% per annum.

The rate last changed on 28 April 2026, moving from 10.50% to 11.50%.

The previous recorded rate was 10.50%, announced on 16 December 2025.

This page is updated whenever the rate changes, and the full history is kept so you can see exactly how the rate has moved over time.

The interest rate is the policy rate set by the State Bank of Pakistan, while KIBOR (Karachi Interbank Offered Rate) is the rate at which banks lend to one another. KIBOR tends to follow the policy rate but can move independently day to day.

The Interest Rate History table and the chart on this page show every recorded rate, newest first, and you can load older records with the "Load More" button.