the Index is now almost 11 years from the previous peak. It is down 64%. in sept. of 2001 it bottomed at 26. giving a bottom to top return of 690%.

MSCI pakistan (USD) at 75, down from 206 peak at Feb 2008. 

https://www.pakistantoday.com.pk/2018/11/30/rupee-plunges-by-record-8-21-per-cent-against-dollar-in-inter-bank-market/

MSCI Pakistan (PKR)

in PKR the index went from 65-500 or a 670% return. so the PKR actually strengthen a bit from 2001 to 2008.

Short rates have risen to 10%, very attractive to most foreign investors now.

the KSE 100 chart below looks great but as a reminder, this index does not account for stock splits and stock dividends. and of course it is in local currency.

this KSE 100 index is incorrect but shows up in some websites.

Meanwhile, the State Bank of Pakistan (SBP) on Friday increased the interest rate by 150 basis points to 10 per cent from the existing 8.5 per cent announced at the end of September.

This marks the sixth time since last December, that the central bank has allowed the rupee to depreciate against the greenback as inflationary pressure, rising fiscal and current account deficits alongside stagnant exports compelled it to take this move.Due to the latest depreciation of the local currency, the total debt owed by Pakistan has risen to Rs760 billion.

This marks the sixth time since last December, that the central bank has allowed the rupee to depreciate against the greenback as inflationary pressure, rising fiscal and current account deficits alongside stagnant exports compelled it to take this move.Due to the latest depreciation of the local currency, the total debt owed by Pakistan has risen to Rs760 billion.