Showing posts with label PKR. Show all posts
Showing posts with label PKR. Show all posts
Friday, February 26, 2010
Pakistan rupee to plunge further
It's been a bad week for Pakistan's already weak equity market. Not only was it confirmed that investors in the benchmark KSE-100 index will soon be subject to a Capital Gains Tax, but the Finance Minister resigned shortly after. To date no replacement has been announced. Expectedly, the market plunged.
Labels:
depreciation,
inflation,
pakistan,
PKR,
rupee
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