DailyMarkets.com - Pakistan Central Bank Holds Interest Rate At 12.00%

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• Pakistan Central Bank Holds Interest Rate At 12.00%
• Bulgarian National Bank Sets Base Rate At 0.18%
• Interesting Labor Market Facts Of The Day

Pakistan Central Bank Holds Interest Rate At 12.00% Posted: 11 Feb 2012 02:59 PM PST The State Bank of Pakistan maintained its discount rate unchanged at 12.00%.  The Bank said: “In conclusion, despite moderate aggregate demand, pressure on rupee liquidity is likely to continue due to uncertain foreign inflows and substantial government borrowings to finance the fiscal deficit. Moreover, inflationary pressures have not eased significantly. It must be emphasized that sustainable economic recovery over the medium term would call for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bulgarian National Bank Sets Base Rate At 0.18% Posted: 11 Feb 2012 02:42 PM PST The Bulgarian National Bank announced on the 31st of January that its base interest rate would be lowered 4 basis points to 0.18% as of 1 February 2012, compared to the previous rate of 0.22%, set in December for January.  The February rate of 0.18% compares to 0.19% in February 2011, 0.24% in February 2010, and 3.92% in February 2009.  Bulgaria reported inflation of 2.8% in December last year.  The Bulgarian economy was unchanged in 3Q11 (0.3% in 2Q11), placing annual GDP growth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Interesting Labor Market Facts Of The Day Posted: 11 Feb 2012 12:16 PM PST 1. In 2011, U.S. manufacturing companies increased employment by 237,000 positions, which was the largest annual increase in manufacturing jobs since a 302,000 gain in 1997. 2. Of the 237,000 new jobs added to manufacturing payrolls last year, 44,300 jobs, and almost 19%, of the new factory jobs were added in the state of Michigan, even though Michigan’s overall share of U.S. manufacturing employment is only about 4.3% (504,700 jobs out of 11.81 million nationwide).  Stated differently, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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