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Haq's Musings

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Signs of Pakistan's Economic Rebound Brighten

riazhaq.com — Shares in the Karachi Stock Exchange 100 Index trade at 9.6 times reported earnings, the lowest in Asia excluding Japan, after the gauge rose 21 percent in 2009, according to Bloomberg. Dollar-denominated debt sold by Pakistan returned 86.4 percent so far this year, more than...

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