SBP says Moody’s action has nothing to do with Pakistan specifically

News Image

MG News | May 15, 2020 at 12:18 PM GMT+05:00

0:00

May 15, 2020 (MLN): The State Bank of Pakistan on Friday said that the placement of Pakistan’s sovereign rating under review by Moody's was not in any way because of the country’s fundamentals, policy settings or outlook, all of which are viewed in very complimentary terms by the rating agency.

Taking to its social media handle, SBP further noted Moody’s action has nothing to do with Pakistan specifically. In fact, the only driver is Moody’s global approach of placing all countries that are expected to participate in the G20 debt relief initiative under review.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,590.00 119,440.00
118,225.00
295.00
0.25%
BRENT CRUDE 72.62 73.17
71.75
0.11
0.15%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.33 69.79
68.45
0.12
0.17%
SUGAR #11 WORLD 16.38 16.58
16.37
-0.21
-1.27%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg