Thursday September 09 , 2010
Text Size
   
Nordmarkets.com
http://www.alpari.co.uk/

Monetary Policy Pakistan, Pakistani Currency, Rupee Trend, Minutes of Monetary Policy

Pakistan's Q1 FY10 Market Liquidity is expected to remain comfortable...

Pakistan

In Q1-FY10 market liquidity is expected to remain comfortable for the following reasons.

  1. The retirement of credit availed for commodity operations will begin in this quarter.
  2. Demand for credit by the private sector is typically low in the first quarter.
  3. If the current trends in deposit growth continue, it will augment liquidity in the system.

Under these circumstances, and provided the projected external financial inflows are realized, the market is expected to function smoothly while meeting the government borrowing requirements in this quarter. In fact, recent data for Q1-FY10 up till 1st August 2009 reveals that these factors are broadly in line with expectations.

Pakistan Private Sector Credit

Despite falling market interest rates private sector credit continued to decline...
 

Monetary Policy Pakistan

Pakistan

The continued implementation of the macroeconomic stabilization program is showing improvements in key macroeconomic indicators. CPI inflation continues to fall, government borrowing from the central bank remains within the quarterly limits, and SBP’s foreign exchange reserves show a rising trend. These positive indicators, in turn, reflect contraction in aggregate demand, much-needed fiscal consolidation, and improved balance of payments position. Consistent with the gradual strengthening of these macro fundamentals, inter-bank money market is functioning smoothly, foreign exchange market is exhibiting stability, and deposit growth in the banking system has picked up.
   

Currency Converter

Amount:
From:
To:


Central Banks Interest Rates

US       0.25%
UK 0.5%
EMU / EURO 1%
Japan 0.1%
Switzerland 0.25%
Canada 0.25%
Australia 3%
New Zealand 2.5%
Sweden 0.25%

MyForexTime Twitter Updates

Advertisment

Gold Future and Spot

Gold rates, gold trading

Gold prices slipped a little lower last night influenced by technical selling...  2010-03-10  Read More

MyForexTime.com is a Forex, Foreign exchange market, Stocks, CFDs, Commodities portal / directory dedicated to FX / CFDs market players. Developed to educate investors and students, offer real time foreign exchange rates, Forex education, latest Forex news, daily reports, weekly reports, currency market overview, FX trading recommendations, technical analysis, currency forecasts, foreign exchange charts, currency converter, brokers firms, Trading Platform Stocks, CFDs, crude oil , gold , silver trading platforms, daily events, analysis, demo forex accounts, mini forex accounts, FDMS, forex trading, futures trading, broker information, economy news, economic macro, politics, and economic events.

Note: All information on this page/website is subject to change. MyForexTime.com is (forex, economy, stocks, commodities etc.) educational, information, blogs webportal.The use of this website constitutes acceptance of our user agreement. Opinions expressed at MyForexTime.com are those of the individual writer and do not necessarily represent the opinion of MyForexTime.com or its team, therefore shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. Please read our privacy policy and legal disclaimer.

Disclaimer: * (i)“Trader pays a spread between the bid and ask prices.” (ii) "Increasing leverage may increase gains or losses on any given trade." High Risk Disclosure: Trading Currency, Gold/Oil/Silver, CFDs, FX/Foreign Exchange on margin carries a high level of risk, and may not be suitable for all the investors. You should be aware of all the risks associated with foreign exchange trading/market, and seek advice from an independent financial advisor/company if you have any doubts. The high degree of leverage can work against you as well as for your money (investment). Before deciding to trade Forex / foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Forex / foreign exchange trading and seek advice from an independent financial adviser if you have any doubts. Opinions expressed at MyForexTime.com are those of the individual authors and do not necessarily represent the opinion of MyForexTime.com or its management. MyForexTime.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any data, opinions, news, research, analysis, prices or other information contained on this website, by MyForexTime.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice or recommendation. MyForexTime.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.