Weekly Review: Financial Markets fail to absorb interest rate cut
A revision of the monetary policy by the State Bank of Pakistan on Saturday, October 8 attracted investors towards the stock market, but the KSE-100 index, used as a benchmark index, did not show any significant increase. SBP, citing low inflation numbers, adopted an aggressive expansionary policy, slashing the discount rate by 1.5% (150 bps) […]
Oct 16 2011 | Posted in Business | Read More »
