Pakistan

BMI View: President Musharraf's announced resignation should go some way towards easing the political impasse that has hobbled the fledgling government since coming to power in March.... 2008-08-18

It has been a dismal week indeed for the rupee, with a new record low of PKR76.90/US$ set today, translating into a weekly slide of 6.3%. News that President Pervez Musharraf is ready... 2008-08-15

Inflationary pressures remain unrelenting in Pakistan, as evidenced by today's release of data for July. The consumer price index (CPI) ticked up to a three-decade high of 24.3% y-o-y... 2008-08-12

Asia seems set to feel the pain of high inflation, a weaker external environment, and political uncertainty for some months to come, even if commodity prices head lower. As such,... 2008-08-08

This week could prove cathartic for the four-month old coalition government, as it tries to thrash out a plan over how to deal with outstanding - and for its survival arguably pivotal... 2008-08-06

Our bearish view on Pakistani stocks continues to play out, with the Karachi Stock Exchange (KSE)-100 index failing to find reliable support. In tune with our expectations, the index... 2008-08-04

Yesterday's monetary tightening in both Pakistan and India confirmed our expectations that the neighbours' respective central banks have little choice but to take firm action to suppress... 2008-07-30

Yesterday's ruckus outside of the Karachi Stock Exchange (KSE) saw hundreds of disgruntled investors smash windows and demand a seizure of trading due to the sharp declines of stock... 2008-07-18

Foreign selling led Pakistan's benchmark Karachi-100 index 4.43% lower on July 14 after authorities reversed their recent decision to limit equity market downside to just 1% per day,... 2008-07-14

he terminal decline of the Pakistan rupee has - at least for the time being - been halted by the State Bank of Pakistan (SBP), after the central bank tightened regulations on foreign... 2008-07-09