Pakistan Credit Ratings | FX Empire

Pakistan

Moody's		S&P		Fitch		DBRS		Scope Ratings
Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook	Rating	Outlook
Caa3	Stable	CCC+	Stable	CCC	N/A	NR	-	NR	-

Rating Agency	Date	Previous Rating	Previous Outlook	New Rating	New Outlook
Fitch	Jul 10, 2023	CCC-	N/A	CCC	N/A
Moody's	Feb 28, 2023	Caa1	Negative	Caa3	Stable
Fitch	Feb 14, 2023	CCC+	N/A	CCC-	N/A
S&P	Dec 22, 2022	B-	Negative	CCC+	Stable
Fitch	Oct 21, 2022	B-	Stable	CCC+	N/A
Moody's	Oct 06, 2022	B3	Negative	Caa1	Negative
S&P	Jul 28, 2022	B-	Stable	B-	Negative
Moody's	Jun 02, 2022	B3	Stable	B3	Negative
Moody's	Aug 08, 2020	B3	Under Review	B3	Stable
Moody's	May 14, 2020	B3	Stable	B3	Under Review
Moody's	Dec 02, 2019	B3	Negative	B3	Stable
S&P	Feb 04, 2019	B	Stable	B-	Stable
Fitch	Dec 14, 2018	B	Negative	B-	Stable
Moody's	Jun 20, 2018	B3	Stable	B3	Negative
Fitch	Jan 25, 2018	B	Stable	B	Negative
S&P	Oct 31, 2016	B-	Positive	B	Stable
Fitch	Sep 15, 2015	NR	-	B	Stable
Moody's	Jun 11, 2015	Caa2	Positive	B3	Stable
S&P	May 05, 2015	B-	Stable	B-	Positive
Moody's	Mar 25, 2015	Caa2	Stable	Caa2	Positive

Table Key

Grade	Moody's	S&P	Fitch	DBRS	Scope Ratings
Prime	Aaa	AAA	AAA	AAA	AAA
High Grade	Aa1	AA+	AA+	AA (high)	AA+
	Aa2	AA	AA	AA	AA
	Aa3	AA-	AA-	AA (low)	AA-
Upper Medium Grade	A1	A+	A+	A (high)	A+
	A2	A	A	A	A
	A3	A-	A-	A (low)	A-
Lower Medium Grade	Baa1	BBB+	BBB+	BBB (high)	BBB+
	Baa2	BBB	BBB	BBB	BBB
	Baa3	BBB-	BBB-	BBB (low)	BBB-
Non-investment Grade Speculative	Ba1	BB+	BB+	BB (high)	BB+
	Ba2	BB	BB	BB	BB
	Ba3	BB-	BB-	BB (low)	BB-
Highly Speculative	B1	B+	B+	B (high)	B+
	B2	B	B	B	B
	B3	B-	B-	B (low)	B-
Substantial Risks	Caa1	CCC+	CCC+	CCC
	Caa2	CCC	CCC	CCC	CCC
	Caa3	CCC-	CCC-	CCC
Extremely Speculative	Ca	CC	CC	CCC	CC
Extremely Speculative			C	CCC	C
In Default with Little Prospect for Recovery		CD	RD	RD
In Default		SD		SD
	C	D	D	D	D
			DD	DD
			DDD	DDD
Not Rated	NR	NR	NR	NR	NR