In a statement, Fitch said its action resolves the Rating Watch Negative it placed the ratings under last October amid an impasse in US debt ceiling negotiations that raised the risk of a default.
Fitch Ratings on Friday affirmed US long-term foreign and local currency credit ratings at 'AAA' with a stable outlook, taking the country off negative ratings watch.
In a statement, Fitch said its action resolves the Rating Watch Negative it placed the ratings under last October amid an impasse in US debt ceiling negotiations that raised the risk of a default.
(Read more: Better economy not enough for Fed to ease: Dudley)
"The federal debt limit was suspended in mid-February in a timely manner and in a way that avoided casting uncertainty over the full faith and credit of the US, in contrast to the crises in August 2011 and October 2013," the ratings agency said.
Fitch said that the US has a greater debt tolerance than its 'AAA'-rated peers thanks to "financing flexibility" provided by being the issuer of the world's reserve currency and benchmark fixed income asset.
It added that the debt ceiling crises in August 2011 and October 2013 do not appear to have had a negative impact on US bond yields or foreign holdings of US Treasurys.
"Therefore Fitch does not believe the role of the US dollar, sovereign financing flexibility or debt tolerance has been materially damaged," it said. "Strong fiscal consolidation has been achieved."
(Read more: US economy may be stuck in slow lane for long run)
The ratings agency said that US growth prospects are more robust and demographic trends "less worrisome" compared with peers in other developed countries.
Fitch forecast US GDP growth to accelerate from 1.9 percent in 2013 to 2.8 percent in 2014 and 3.1 percent in 2015.
"This is a formal recognition that US politicians, for all their divisions, can make sensible decisions on the budget and debt ceiling to avoid another government shutdown," said Sean Callow, senior currency strategist at Westpac in Sydney.
"The ratings agency also appears to share an optimistic view on the US economy voiced by the Fed [Federal Reserve] this week," he added.
(Read more: Janet Yellen is NOT Ben Bernanke)
The Fed concluded a two-day policy meeting on Wednesday by scaling back its asset-purchase program by a further USD 10 billion to USD 55 billion a month and signaling that interest rates could rise six months after the end of tapering.
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