Pakistan ETF Plunges After New Government Asks for IMF Bailout

FAN Editor

This article was originally published on ETFTrends.com.

Pakistan markets and country-specific ETF retreated Tuesday after the government said it is requesting a bailout from the International Monetary Fund to rein in a ballooning trade deficit and falling foreign exchange reserves. The Global X MSCI Pakistan ETF (NYSEArca: PAK) declined 4.4% Tuesday and plummeted 21.0% year-to-date. The new government under Prime Minister Imran […]

Continue Reading Below

Read more at ETFTrends.com >

Free America Network Articles

Leave a Reply

Next Post

Webcast Podcast Edition: Your One-Way Ticket to Investing in Major Airlines

This article was originally published on ETFTrends.com. In this ETF Trends Webcast Podcast Edition, Your One-Way Ticket to Investing in Major Airlines, US Global dives into the airline industry, explore strengthening fundamentals, and consider ways for advisors to diversify using an airline sector strategy. Tom Lydon, Editor and Publisher of ETF […]

You May Like