05-24-2007, 11:01 PM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Schuaeb</i>
<br />Right DT. By saying low I meant interest barely covers inflation rate in Pakistan
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
I agree the real interest rates are currently around 1-2% p.a. But, these are inline with the UK or any developed economy. I guess with the development of mutual fund industry in Pakistan, stock market could offer an alternative.
<br />Right DT. By saying low I meant interest barely covers inflation rate in Pakistan
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
I agree the real interest rates are currently around 1-2% p.a. But, these are inline with the UK or any developed economy. I guess with the development of mutual fund industry in Pakistan, stock market could offer an alternative.