Pakistan

Broadly in line with our view (see Interest Rate Hike In The Offing, November 11), the State Bank of Pakistan (SBP) yesterday lifted its benchmark interest rate by 200bps (the largest... 2008-11-13

Pakistan is undoubtedly approaching the end of the road as far as shopping around for the best bail-out deal is concerned. Although the government has been hoping that the 'Friends... 2008-11-06

The Asia-Pacific region will face some stern tests in 2008-10. While we believe that the rise of Asia arguably represents the most significant shift in wealth in five hundred years... 2008-10-31

Closure may be approaching as far as Pakistan's attempts to secure emergency funds from external creditors are concerned, although the source of assistance will unlikley be to Islamabad's... 2008-10-31

As we have been highlighting for quite some time, Pakistan's sovereign creditworthiness remains highly questionable, and there are few signs yet of a stabilisation of external liquidity... 2008-10-28

BMI View: Pakistan's external accounts are likely to remain vulnerable throughout FY2008/09 with the current account forecast to remain deep in the red, although easing commodity... 2008-10-14

While things are arguably still looking dicey with regards to Pakistan's sovereign debt outlook, we note some discernible glimmers of hope as this week comes to a close. Most conspicuously,... 2008-10-10

Mirroring our own increasing concerns about Pakistan's external financing woes (see last week's Sovereign Debt: Alarm Bells Still Ringing) Standard & Poor's has downgraded the... 2008-10-06

Time is running out for the Pakistani government to address the country's deteriorating external situation and avert a yet more tragic denouement to the unfolding economic crisis.... 2008-10-03

Asian currencies are seeing some encouraging bounces, amid a pronounced rebound in equities and a renewed weakening of the US dollar. In the short term, we could see further upside,... 2008-09-22