Moody’s cuts Pakistan’s rating to Caa1
- 06-Oct-2022
Moody’s on Thursday cut Pakistan’s sovereign credit rating by one notch to Caa1 from B3, citing increased government liquidity and external vulnerability risks, following the devastating floods that hit the country earlier this year. The floods, caused by abnormal monsoon rains and glacial melt, have submerged huge swathes of Pakistan and killed nearly 1,700 people, […]
Moody’s declares Pakistan’s rating outlook to stable
- 15-Jul-2014
KARACHI: Moody’s Investors Service on Monday revised Pakistan's foreign currency government bond rating outlook to stable from negative, ARY News reported.