Governor SBP welcomes change in Moody’s Outlook and recent market developments

Governor SBP, Dr. Reza Baqir, welcomed Moody’s change in outlook on Pakistan from negative to stable. He noted that this positive development reflects the recognition of tough decisions taken by the economic policymakers over recent months including the step devaluations of the exchange rate that culminated in the change in the exchange rate regime to a market based system since May 2019. These steps have … Continue reading Governor SBP welcomes change in Moody’s Outlook and recent market developments