Rating Outlook Downgrade
Spearhead Analysis – 21.06.2018 By Farrukh Karamat Senior Research Coordinator, Spearhead Research After the recent Rupee devaluation and the potential looming payment obligations on account of cases in international arbitration, on June 18, 2018, Moody’s Investors Service (Moody’s) rating committee reviewed the rating of Pakistan. After a thorough economic and financial review of …