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View Full Version : Pakistan May Cut Rates to Spur Growth Undermined by Terrorism - Bloomberg



NewsWhore
10-06-2011, 04:00 PM
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Pakistan May Cut Rates to Spur Growth Undermined by Terrorism (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGRKdStODx6frt4SVpzAbFxga6__Q&url=http://www.bloomberg.com/news/2011-10-06/pakistan-may-cut-rates-to-spur-growth-undermined-by-terrorism.html)
Bloomberg
16, prompting the central bank last month to conduct what it called a “calibrated intervention” to stabilize the currency. A weakening currency will increase import costs and stoke inflationary pressures, limiting the room for the central bank to ease ...

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