Moody's Changes Pakistan Outlook To Stable

Moody has changed Pakistan's outlook to stable from negative.

In its latest report the global credit rating agency has said that the country's international payments have improved and the government's policies showed that the payment situation will further boost in the days to come.

The report further says that Pakistan's foreign exchange reserves are gradually increasing.

The agency, however said, that the depreciation of rupee against dollar has increased Pakistan's debt burden.