Stories from Kazim Alam
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Estimate of average inflation: Stable food prices, consumer confidence causes for SBP’s revision
Impact of improving macroeconomic indicators exceeds expectations.
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Govt bonds: Investors switch focus to longer-term papers
Market expects further reduction in monetary policy rate.
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Homeowner loans: Mortgage refinance firm to be functional in 2015, says SBP official
Establishment of firm aimed to develop secondary mortgage market.
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Monetary figures: Money supply grows 5.68% since start of FY14
Total currency in circulation stands at Rs2.21 trillion.
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SBP data: Eight-month current account deficit widens to $2 billion
Figures for February show improvement month-on-month.
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Rising confidence: Shift in investment portfolio to boost banks’ earnings
Improving macro-economic indicators boost confidence in sector.
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Don’t blame the moneybags
The mess we are in is caused by the government, not the private sector.
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Unusual lag: State Life yet to issue financial results for 2012
Delay in reporting attributed to ‘dysfunctional’ board, absence of chairman .
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July-February: Country receives 18% more foreign investment
Of total FDI of $606m, oil and gas sector attracts highest amount.
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Rupee wrests back some greenback gains
As dollar falls below Rs100, Sheikh Rashid terms the appreciation artificial.