Economy

BMI View: Riding a wave of renewed foreign investor appetite and boosted by improved macroeconomic/political stability, Pakistan's Karachi Stock Exchange (KSE) 100 Index has crossed... 2009-09-15

We maintain our 5.5% GDP growth forecast for FY2009/10 (July-June) after the economy grew by an estimated 5.9% in the previous fiscal year. As before, falling garments exports and... 2009-09-08

We expect Bangladesh's current account surplus to widen in FY2009/10 (July-June) in spite of a more challenging outlook for the export sector. However, while robust remittances will... 2009-09-08

India posted growth of 6.1% y-o-y in Q209 after a 5.8% reading in both Q408 and Q109, which brought full-year growth in FY2008/09 (April-March) to 6.7%, the weakest reading since... 2009-09-07

BMI View: The IMF's decision to ramp up its Stand-by loan to Pakistan to US$11.3bn, from US$7.6bn previously, has provided further insurance against adverse external developments. Pakistan's... 2009-09-04

BMI View: While there a signs of a tentative stabilisation in some key macroeconomic metrics such as the current fiscal accounts, the economy is clearly losing momentum, as evidenced... 2009-07-30

India posted growth of 5.8% y-o-y in both Q408 and Q109, which brought full-year growth in FY2008/09 (April-March) to 6.7%, the weakest reading since FY2002/03, but still to be considered... 2009-07-29

The approval of the IMF's long-awaited US$2.6bn loan should support rising investor confidence towards Sri Lanka since it will entail urgent fiscal reform and underpin a stronger... 2009-07-27

The rupee faces four-month trendline support at INR48.70/US$, a break of which could take it back towards INR50.00/US$. The stock market rally following general elections in April-May... 2009-06-26

India posted growth of 5.8% y-o-y in both Q408 and Q109, which brought full-year growth in FY2008/09 (April-March) to 6.7%, the weakest reading since FY2002/03, but still to be considered... 2009-06-24