The State Bank of Pakistan announced its monetary policy today, but did not change the discount rate, keeping it unchanged at 12-percent. This was largely expected due to talks of rupee getting depriciated and rising inflation. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by […]
Dec 1 2011 | Posted in
Pakistan |
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The State Bank of Pakistan announced its monetary policy today, but did not change the discount rate, keeping it unchanged at 12-percent. This was largely expected due to talks of rupee getting depriciated and rising inflation. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by […]
Nov 30 2011 | Posted in
Business |
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The State Bank of Pakistan is expected to announce the monetary policy tomorrow, i.e. Wednesday, November 30 and a slash of 50 basis points is expected in a bid to instigate investment in the country. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% […]
Nov 29 2011 | Posted in
Business |
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The KSE-100 index, after closing in the negative zone on Wednesday, November 2, gained 61 points on Thursday, November 3 to close at 11,807 points, surpassing the 11,800 mark for the first time this month. Volumes remained low throughout the trading session, locking in 61.487 million shares during the day. 70% of OGDC’s free float […]
Nov 3 2011 | Posted in
Business |
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Negative sentiment prevailed in the market yet again as the KSE-100 index lost another 104 points to close at 11,283 points on Thursday, October 27. The index shed 130 points yesterday to fall below the psychological barrier of 11,500 points and it now remains to be seen if the 11,000 mark can be sustained. After […]
Oct 27 2011 | Posted in
Business |
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