Page 4 - Restricted Default News Today

Any local currency rearrangement without comprehensive restructuring of our fiscal account will be short-lived.

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Fitch Ratings downgrades Sri Lankas Long-Term Local-Currency IDR to "C"-

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Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to 'C' from 'CC'. The issue ratings on local-currency bonds have also been downgraded to 'C' from 'CC'. The Long-Term Foreign-Currency (LTFC) IDR has been affirmed at 'RD' (Restricted Default) and th

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COLOMBO, July 6 (Xinhua) -- Fitch Ratings downgraded Sri Lanka Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to C from CC. Issuing a press release

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As negotiations over raising the federal debt ceiling drag on, the lack of a deal is starting to have side effects.

Fitch places U.S. AAA rating on "negative watch" as debt ceiling deadline nears-