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Fitch upgrades Pakistan rating to ‘CCC+’

In a positive development, Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘CCC’. “The upgrade reflects greater certainty over...

Fitch cuts Pakistan’s sovereign credit rating to CCC-

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,...

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