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    Fitch downgrades Turkey’s debt ratings as account deficit widens

    Fitch downgrades Turkey’s debt ratings as account deficit widens

    09 Jul 2022

    Ratings agency Fitch downgraded Turkey’s debt rating to “B” from “B+”, citing increasing inflation and broad concerns about the economy, from a widening current account deficit to interventionist policies. Inflation...

    Fitch cuts China’s 2022 GDP forecast to 4.3% from 4.8%

    Fitch cuts China’s 2022 GDP forecast to 4.3% from 4.8%

    03 May 2022

    Fitch said on Tuesday it has cut China’s GDP growth forecast for 2022 to 4.3 per cent from 4.8 per cent, saying pandemic-related disruptions have had an impact on the...

    Fitch downgrades Sri Lanka’s rating

    Fitch downgrades Sri Lanka’s rating

    02 Dec 2020

    Fitch downgraded Sri Lanka’s sovereign credit rating to ‘CCC’, warning the country’s debt levels were set to soar past 100% of GDP and that it was increasingly at risk of...

    Fitch revises US outlook to negative from stable

    Fitch revises US outlook to negative from stable

    01 Aug 2020

    Ratings agency Fitch on Friday downgraded the outlook for the United States to negative from stable, warning of high debt and deficits made worse by the coronavirus downturn. “The outlook...

    Incoming economic activity data spectacularly weak in India: Fitch

    Incoming economic activity data spectacularly weak in India: Fitch

    27 May 2020

    India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-) 5 per cent from an earlier projected growth...

    No funding crunch in Turkey: Fitch

    No funding crunch in Turkey: Fitch

    16 May 2020

    Turkey’s relatively low debt levels and experience at riding out financial market turbulence is helping its credit rating withstand the country’s current coronavirus and currency strains, Fitch’s top analyst...

    Fitch expects India’s GDP to slow

    Fitch expects India’s GDP to slow

    20 Feb 2020

    India’s financial institutions would continue to face difficult operating environment amid the macro-economic slowdown and weak funding conditions, Fitch Ratings said here on Wednesday. Fitch expects India’s real gross domestic...

    Fitch, S&P downgrade Argentina’s debt rating as default risk grows

    Fitch, S&P downgrade Argentina’s debt rating as default risk grows

    18 Aug 2019

    Ratings agencies Fitch and Standard & Poor’s (S&P) downgraded Argentina’s sovereign debt rating, flagging higher chances of a default in the wake of a shock primary election result that plunged...

    Global rate cuts mark broadest policy shift since crisis, says Fitch

    Global rate cuts mark broadest policy shift since crisis, says Fitch

    18 Aug 2019

    A flurry of interest rate cuts by the US Federal Reserve and a host of other central banks marks the broadest shift in global monetary policy since the depths of...

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