Rising borrowing costs trouble investors
Middle East: Sunday, February 03 - 2008 at 09:32
The latest trend in Pakistani stocks is something of an eye-opener, especially for complacent investors, reported Gulf News. Pakistan's equity investors have reason to worry about the rising cost of borrowing from banks, after the central bank's move, as Pakistan battles many different challenges, including economic ones. Pakistan's banks continue to benefit from their gains in recent years, the kind of consolidation that has already taken place in the sector and signs of continued interest from foreign investors.
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Amena Bakr, Senior ReporterSunday, February 03 - 2008 at 09:32 UAE local time (GMT+4)
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