Karachi, September 16, 2013 (PPI-OT): Citing risks to the fiscal position, currency weakness and inflation expectations ahead, the SBP has raised the Discount Rate by 50bps to 9.5%. Going forward, AKD Securities believes interest rates are likely to inch up by at least a further 50bps in FY14F. According to AKD Securities in the immediate ...
The post AKD Quotidian about — Pakistan Market: Shift sector allocations post DR hike appeared first on AsiaNet-Pakistan.
The post AKD Quotidian about — Pakistan Market: Shift sector allocations post DR hike appeared first on AsiaNet-Pakistan.
The post AKD Quotidian about — Pakistan Market: Shift sector allocations post DR hike appeared first on AsiaNet-Pakistan.
Read More »