Pakistan’s dollar bonds dip amid election worries

Political instability threatens the negotiation and implementation of the IMF program, essential for Pakistan's debt sustainability

Pakistan’s dollar bonds faced a sharp decline, with bonds due in 2051 falling over 3 cents to 61.2 cents on the dollar, marking their largest drop since July 2023, as reported by Bloomberg.

Bonds maturing in 2029 and 2031 also saw reductions. This downturn is attributed to uncertainties surrounding the upcoming elections and concerns over the legitimacy of their results, impacting investor confidence.

In the stock market, the KSE-100 Index in Karachi dropped by 1.5%, managing to recover from an earlier decline of nearly 4%. This movement underscores the broader economic challenges Pakistan faces amid electoral uncertainties.

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

28 COMMENTS

  1. Another skill in his arsenal is Doppelganger, which allows him to instantly create multiple copies of himself while becoming temporarily invulnerable.

  2. In conclusion, maximizing Hero Phantom Lancer’s abilities requires mastering his skills, strategically choosing item builds that enhance his strengths, and employing effective positioning and farming techniques.

  3. Finding the right mix of agility-enhancing items along with some survivability options will greatly enhance your effectiveness as Phantom Lancer on the battlefield. Experimenting with different combinations will help you find what works best for your playstyle!

  4. Toto Parlay brought a revolution in the world of online slots as the Maxwin Totoparlay site, marking a new era in Maxwin slot games. With leading technology and constant innovation, Toto Parlay promises a thrilling playing experience and greater chances of winning for the future.

  5. Toto Parlay in 2024 presents the Gacor Totoparlay Slot Link, a trusted site for online slot fans. With a solid reputation, Toto Parlay guarantees the safety and excitement of the game, as well as a high chance of winning, making it the main destination for gacor slot lovers.

  6. With Robopragma, you can easily track the latest and most profitable slot patterns. This application provides advantages in planning strategies for playing online slots, especially the Olympus Zeus slot from Maxwin Pragmatic. Don’t miss the opportunity to increase your winnings by downloading and installing Robopragma now!

  7. TOTOPARLAY is the official site for the trusted Mix Parlay & Spin Slot Gacor Online. Feel the excitement of easy bets to win Maxwin on the Toto Parlay site with the best and friendly service 24 hours online!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read