August 25: The Express Tribune report by Salman Siddiqui states that Moody’s Investors Service has painted a bleak picture of Pakistan’s economy, identifying it among the markets most vulnerable to dollar appreciation, as its external vulnerability risk, and fiscal strength take toll on foreign exchange reserves. The research, released on Friday, identified Argentina, Ghana, Mongolia, Pakistan, Sri Lanka and Zambia, beside Turkey, as the emerging and frontier market sovereigns that are most vulnerable to dollar appreciation.
The Express Tribune: Pakistan among most vulnerable to dollar appreciation – Moody’s
