PDA

View Full Version : Economists Split on Odds of First Pakistan Rate Cut Since 2002 - Bloomberg



NewsWhore
04-19-2009, 06:30 PM
<img alt="" height="1" width="1">
Economists Split on Odds of First Pakistan Rate Cut Since 2002 (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DavPJHmXmcdhQ%26refer%3Dasia&cid=0&ei=m6frScDnCI7aQIzRjYUI&usg=AFQjCNGTonQ1styqVlUwoyG8545jXA0MPg)
Bloomberg
“But inflation likely has to come down bit more significantly below the 20 percent level before they can cut rates without risking currency weakness.” Pakistan&#39;s rupee plunged 22 percent last year and the benchmark stock index tumbled 58 percent as ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DavPJHmXmcdhQ%26refer%3Dasia&cid=0&ei=m6frScDnCI7aQIzRjYUI&usg=AFQjCNGTonQ1styqVlUwoyG8545jXA0MPg)