Fitch Ratings



Fitch upgrades Pakistan’s foreign-currency debt rating, central bank cuts key interest rate

  • Fitch Ratings says Pakistan’s large funding needs put it in ‘vulnerable situation’ if it failed to implement reforms under new IMF deal
  • Report came as Pakistan cut key interest rate by 100to 19.5 percent amid decline in inflation, improving current account, increase in reserves
By Hasaan Ali Khan ·