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Moody's downgrades Sri Lanka's rating to Ca; outlook stable - Adaderana Biz English

Moody’s Investors Service (“Moody’s”) has downgraded the Government of Sri Lanka’s long-term foreign currency issuer and senior unsecured debt ratings to Ca from Caa2. The outlook is stable. The decision to downgrade the ratings is driven by the authorities’ announcement of debt servicing suspension [1] on external public debt repayments, which will lead to a...
Sri Lanka Sri Lankan People Bank International Monetary Fund Central Bank Moody Investors Service

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