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Morgan Stanley reclassifies Pakistani stocks

Announces three major changes in its quarterly review

South koreaPakistan stock exchangeMorgan stanley capital internationalEngro corporationInternational monetary fundGas development companyStanley capital internationalLucky cementExpress tribuneArif habib limited headResearch tahir abbasManaging director saadMarket indexFinancial policies

POL demand surges by 8% due to hoarding

Reaches 1.44 million tonne this January, despite 20% decline compared to Jan 2022

International monetary fundExpress tribuneArif habib limited headResearch tahir abbas

SBP set to raise policy rate to rein in inflation

Analysts expect rate to go up to 17% ahead of IMF programme revival

International monetary fundTopline researchKuwait investment company headResearch samiullah tariqArif habib limited headResearch tahirState bank of pakistanPolicy rate

Remittances hit 27-month low at $2 1b

Many expatriate Pakistanis opt for informal channels that offer attractive rates

Saudi arabiaUnited arab emiratesUnited kingdomFahad raufInternational monetary fundEuropean unionIsmail iqbal securities head of researchState bankArif habib limited headResearch tahir abbasIqbal securities head

Rupee remains under pressure as traders reassess delay in IMF s review

A holdup in IMF s ninth review, high default risks, low forex reserves major concerns for investors

Tahir abbasInternational monetary fundArif habib limited headResearch tahir abbas

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