Wednesday, Aug 02, 2006

A few days old but heh!

BBC: Pakistan springs shock rate rise

Pakistan has announced a surprise interest rate increase of half a percentage point, as higher oil and commodity prices feed inflation.
The State Bank of Pakistan said that its main borrowing cost will rise to 9.5% from 9% on Monday.

It is the first time interest rates have risen in 15 months.

Posted by tyrellcorporation @ 11:06 PM (443 views)
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