Fitch cuts Pakistan's sovereign credit rating to 'CCC+' from 'B-'

Dawn

Lean Left

Mixed Factuality

Media Conglomerate: Dawn Media Group

Fitch cuts Pakistan’s sovereign credit rating to ‘CCC+’ from ‘B-’

Rating agency cites deterioration in country's external liquidity and funding conditions, drop in foreign exchange reserves as factors behind downgrade.

Business Recorder

Media Conglomerate: Business Recorder

Fitch downgrades Pakistan’s issuer default rating to 'CCC+' from ‘B-’

Flags worsening liquidity and policy risks

Geo News

Lean Right

Mixed Factuality

Other: Mir Khalil-Ur-Rehman

Fitch downgrades Pakistan to 'CCC+' as liquidity, policy risks weigh

Agency flags worsening liquidity and policy risks as the main reasons behind the downgrade

The Express Tribune

Center

Mixed Factuality

Fitch downgrades Pakistan's rating to 'CCC+'

One of the key factors is the decline of foreign exchange reserves due to devastating floods

fitchratings.com

Lean Right

High Factuality

Fitch downgrades Pakistan's rating to CCC