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The articles written on this blog are based on my personal analysis. The securities target prices are for information only and is not an offer to buy or sell. The reliance on these recommendations are not guaranteed as they are based on my personal assessment as a Financial Analyst. My analysis is based on Business TV Channels, Business/ Financial websites, and from Finance books. All views that I presented are to the best of my knowledge and I invest in Stock Market with this analysis in mind. While the information contained herein is from sources believed reliable, I do not represent that it is accurate or complete and should not be relied upon as such. Opinions expressed may be revised at any time.





Monday, July 26, 2010

Monetary Policy: Discount rate will be held Constant

Monetary Policy is to be announced on 30th July by State Bank of Pakistan (SBP). It should be remembred that SBP now announced Monetary Policy after every two months.
As we all know current discount rate (federal funds rate in USA) is 12.5% and the consensus among analysts is that it will again be unchanged for two more months.
It is important to note that discount rate is still on a higher side but SBP is cautious to bring it down because of concern of Inflation.
There is no impact of this upcoming Monetary Policy on Stock Market because the outcome of the same is already discounted and expected in the Market.
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