Caa1

Moodys Upgrades Pakistans Credit Rating As Economic Reforms Bear Fruit

Moody’s Upgrades Pakistan’s Credit Rating as Economic Reforms Bear Fruit

By Abdul Wasay ⏐ 4 months ago ⏐

2 min read

Moody’s Investors Service has upgraded Pakistan’s local and foreign currency ratings from Caa2 to Caa1, citing an improving external position and progress under the IMF’s…