Tag: Credit rating

ISLAMABAD: Global rating agency Fitch on Tuesday downgraded Pakistan’s long-term foreign currency issuer default rating (IDR) to ‘CCC-’ from ‘CCC+’, citing large refinancing risks,...

The ratings agency said its action partly reflected government and policy ineffectiveness in addressing economic weakness

Argentina's peso ended a tumultuous week Friday having shed 20 percent in its value against the US dollar as both Fitch and S&P cut the South American country's long-term credit rating, citing increased uncertainty and a rising risk of default.

NEW YORK: Moody’s Investors Service - one of the two leading credit rating agencies - released its latest report reaffirming Pakistan’s sovereign credit rating...

ISLAMABAD: Standard and Poor's revised Pakistan long-term credit rating from B- to B Monday, saying better policymaking had improved the economy's performance and raised...