[ad_1] They raised its growth rate estimate for the US to 2.1%. In its latest Global Economic Outlook, the rating agency noted that India’s economic growth is outperforming quarterly estimates, propelled by a surge in domestic demand. Fitch Ratings, an American credit rating agency, has revised its forecast for India’s …
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[ad_1] KOLKATA: Leading credit rating firm Fitch Ratings expects that India’s resilient economic growth will boost demand of the corporates.In its latest research report on ‘India Corporates: Sector Trends 2024′, Fitch said that this is a sequel to the robust performance of the corporates in 2023 and will offset weakness …
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[ad_1] KARACHI: Fitch Ratings has affirmed Pakistan’s long-term foreign currency issuer default rating (IDR) at ‘CCC’, indicating that there is a possibility of foreign debt default but the probability is not yet strong. The global ratings agency affirmed the rating after the International Monetary Fund (IMF) completed its first review …
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[ad_1] In its recent assessment, US-based credit rating agency Fitch Ratings has chosen to affirm Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC’. Despite some improvements and a successful review of its Stand-by Arrangement (SBA) with the International Monetary Fund (IMF), Pakistan continues to grapple with high external funding …
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