IGI Securities Limited – Investor Kit

Karachi, June 21, 2018 (PPI-OT):Top News

Moody’s Investors Service has downgraded Pakistan’s rating to negative from stable. A statementreleased by the credit rating agency in the evening on Wednesday stated that the decision to change the outlook to negative was driven by heightened external vulnerability risk as ongoing balance of paymentpressures erode foreign exchange buffers. https://www.dawn.com/news/1415115/moodys-downgrades-pakistans-rating-outlook-to-negative

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IGI Securities Limited – Investor Kit

Karachi, June 21, 2018 (PPI-OT):Top News

Moody’s Investors Service has downgraded Pakistan’s rating to negative from stable. A statementreleased by the credit rating agency in the evening on Wednesday stated that the decision to change the outlook to negative was driven by heightened external vulnerability risk as ongoing balance of paymentpressures erode foreign exchange buffers. https://www.dawn.com/news/1415115/moodys-downgrades-pakistans-rating-outlook-to-negative

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