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Moody’s upgrade underscores Pakistan recovery, reforms fueling stability — central bank governor
KARACHI: Pakistan’s central bank said on Thursday recent credit rating upgrades underscored the country’s improving macroeconomic outlook, as Governor Jameel Ahmad used an Independence Day address to stress economic resilience and reforms. The remarks came a day after Moody’s Investors Service upgraded Pakistan’s sovereign rating, citing stronger foreign exchange reserves, a current account surplus and fiscal consolidation.
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Moody’s upgrades Pakistan’s credit rating to ‘Caa1’, finance minister hopes for rate cut
Moody’s said on Wednesday it had raised Pakistan’s credit rating by one notch to ‘Caa1’ from ‘Caa2’ due to an improving external financial position and it assigned the country a…
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Moody’s upgrade underscores Pakistan recovery, reforms fueling stability — central bank governor
KARACHI: Pakistan’s central bank said on Thursday recent credit rating upgrades underscored the country’s improving macroeconomic outlook, as Governor Jameel Ahmad used an…