KARACHI - Governor SBP, Syed Salim Raza has suggested the KSE management to focus on trading of debt instruments electronically through the premier exchange. He pointed out that foreign exchange reserves were stable, and liquidity in the financial system has resulted in a significant drop in KIBOR rates. "Consequently, borrowers will benefit from reduction in the KIBOR rate as the discount rate does not directly impact end-user borrowing cost", he made these comments during his visit to the KSE to attend lunch hosted by the KSE board of directors. It was the first visit paid by SBP Governor to the main bourse of the country after assuming the charge as Governor of SBP. Kamran Y. Mirza, Chairman-KSE and Adnan Afridi, MD -KSE welcomed the Governor. Raza also commented on the general economic situation of the country in the wake of recent financial crisis witnessed globally as well as future prospects. He was of the view that the economic indicators have started improving. The participants discussed with the Raza key matters with respect to the capital market. His attention was also drawn towards the development of margin trading and how the SBP, CDC and KSE may co-operate to promote investor outreach.