Fitch ratings

IMF Deal Fitch Ratings has expressed concern over the close outcome of Pakistan’s recent election, suggesting that the resulting political uncertainty may complicate the nation’s efforts to secure a new …

Fitch Ratings, an American credit rating agency, has indicated that Pakistan’s dependence on the successful implementation of the International Monetary Fund (IMF) program and its official support will persist for …

ISLAMABAD: Fitch Ratings’ latest post highlights that vulnerable sovereigns may face additional fiscal, growth, inflationary, and external liquidity challenges due to environmental stresses linked with El Nino weather conditions. The …

ISLAMABAD: According to Fitch Ratings, Pakistan faces challenges related to the execution of the International Monetary Fund (IMF) program and securing external funding, given its substantial external financing needs and …

ISLAMABAD: Fitch’s decision to downgrade the U.S. government’s credit rating evoked an angry response from the White House and caught investors by surprise. This move occurred despite the resolution of …

The rating comes even though Islamabad had agreed to a staff-level agreement with the International Monetary Fund (IMF) last week.

Imran Khan’s final acceptance of the Supreme Court’s ruling that it should proceed and the outcome of the vote improves the credibility of constitutional procedures, Fitch Ratings stated in a …

Evergrande, which disclosed more than $300 billion of total liabilities as of June, said in a brief exchange filing on Dec. 3 that it plans to “actively engage” with offshore …

External liquidity pressures should be manageable in the near term, despite the wider current-account deficit, given Pakistan’s adequate foreign-exchange reserves and success in accessing financing.

On August 26, 2020, the dollar hit Rs168.43. Then it started declining and reached Rs151.83 on May 14, 2021. However, the greenback started rising and has appreciated by 6.6 per …