The prevailing situation does point towards free float
The surprise big devaluation of the local currency took place after declaration by the State Bank of Pakistan governor that the exchange rate would be market-based and that the free float
was not suitable for the country's economy.
The IMF had demanded that Pakistan should opt for free float
of the exchange rate but Umar's position was that the country could not afford the free float
He said that the Shilling's stability is supported by stable microeconomic fundamentals and that the value is of free float
The company plans to sell 95 million shares, or 20 per cent of the free float
, it said in an emailed statement.
Index-related data such as free float
and index weights are available on a subscription basis.
'By allowing free float
of the Pakistani Rupee the government has pre qualified the country to signing an agreement with the IMF,' she said.
Over time, this is expected to result in increased investor confidence in listed securities, narrower valuation gap between Bahrain Bourse and regional peers, reduced bid-ask spreads, enhanced market depth, and increased free float
in the market.
Ashgabat, 24 August 2015 (nCa) -- On 20 August 2015, Kazakhstan decided to do away with the dollar-pegged exchange rate and allow Tenge to free float
as per market conditions.
regulatory framework requiring the listed companies to issue and maintain minimum free float
. The International Organization of Securities Commissions (IOSCO), also highlighted the need to have minimum free float
She said the two main challenges for Bahrain's equity market were illiquidity and low free float