Which international rating agency upgraded Pakistan's sovereign credit rating during 2026, as noted by the SBP?
A
DBRS
B
Fitch Ratings
C
Moody's
D
Standard & Poor's
Correct Answer: Option D — Standard & Poor's
Explanation:
Pakistan's sovereign credit rating was upgraded by Standard & Poor's during 2026, coinciding with successful Eurobond issuance in April and the country's inaugural Panda bond issuance in May 2026.