Friday, December 28, 2007

Pakistani Rupee?

Does this fall under speculation.

With the unfortunate assassination of a potential leader of Pakistan, the market increased the feeling that there is possible instability in the country with a lower currency that has actually not gone up along with just about every other currency while the dollar declined.

Pakistan has a stable enough climate to have a good economy.
Also it is a nuclear power. Who is going to let this go in the hands of ayatollahs?

No comments: