Russian CDS, bond yield premiums higher than Pakistan

Russian CDS, bond yield premiums higher than Pakistan

LONDON (Reuters) – Russian debt insurance costs and yield spreads on sovereign dollar bonds are near six-year highs, surpassing those of countries such as Pakistan whose credit ratings are several notches lower. Analysts said on Monday that last week's …

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Energy crisis, low export, tax base key challenges

According to financial experts, being net importer of oil, Pakistan will save $ 5b (2% of GDP) due to lower oil prices. Sharp decline in oil prices is likely to reduce … While forex reserves could increase further in FY15 to $ 15. 3b due to expected …

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Contracting prices to save Pakistan b in oil imports

If sustained, a steep fall of around 35 per cent in international oil prices, the economic observers say will help the dollar-hungry government of Pakistan save at least $ 5 billion a year on account of oil imports. Also, coupled with improved foreign …

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