EDITORIAL: Fitch has upgraded Pakistan’s long-term foreign currency issuer default rating from CCC+ to B- which is defined as from substantial credit risk (default is a possibility) to highly ...

Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-’ from ‘CCC+’, while maintaining the outlook Stable. “The upgrade reflects Fitch’s ...

Fitch Ratings upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) on Tuesday to ‘B-’ from ‘CCC+’ with a stable outlook. The improvement stems from confidence in ...

while affirming the country’s long- and short-term sovereign credit ratings at ‘B-/B’ for both foreign and local currency debt, as per a statement. The agency said the stable outlook reflects a ...

Fitch one of the three global rating agencies for the first time in three years upgraded Pakistan by one degree from CCC plus, having substantial default risk, to B negative. The B negative ...

Pakistan’s sovereign credit rating was raised to B- from CCC+ by Fitch Ratings, which pointed to stronger fiscal discipline, a more stable external account, and improved economic governance.

has upgraded its credit rating of Nigeria to B. Fitch said on Friday that the economic reforms have improved policy credibility and reduced near-term risks to macroeconomic stability. The rating ...

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Global ratings agency Fitch on Tuesday upgraded Pakistan’s foreign currency credit rating to ‘B-’ from ‘CCC+’, citing increased confidence in the country’s progress on narrowing its ...

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