JS morgan proposes the world to invest in Pakistan.
Big financial institution proposes the world to invest in Pakistan. World’s largest financial institution proposes to invest the world in Pakistan. ‘JP Morgan’ advises the world’s biggest investors to invest in Pakistani bonds.
According to details, JP Morgan, the world’s largest financial institution, has issued a research report advising it to invest in Pakistani government bonds without eliminating currency risk to the world’s largest assets.
JP Morgan has identified some positive indicators that have increased the interest of foreign investors.
First, there is a steady improvement in the IMF program, which ‘promoted macro stability and increased market confidence.
According to the report, the IMF program is a reasonably solid start, in which Pakistan Market FC will showcase reserve deposit and market performance related to basic financial loss.
Research experts say the current account deficit is unlikely to rise further because of a strong monetary policy that has slowed growth.
In addition, JPMorgan believes that the current interest rate cut of 13.25% is not possible in the State Bank.
Although many people in Pakistan believe that the State Bank will cut interest rates, it is speculated that this could happen anytime from late January to early March.
Remember that from July 16, 2019, the current interest rate is maintained at 13.25 percent.
That’s why JP Morgan has decided that the world’s largest assets will have to invest in Pakistani government bonds, without eliminating currency risk.
JP Morgan points out a few positive indicators that have raised interest from foreign investors. News report on Big financial institution proposes the world to invest in Pakistan.