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05 December 2023


Sri Lanka is further downgraded by Fitch Ratings



Fitch Ratings has downgraded Sri Lanka's Long Term Local Currency (LTLFC) Issuer Default Rating (IDR) from “C” to “RD”.

Also, the ratings of its local currency bonds tendered in the domestic credit exchange have been downgraded from 'C' to 'D'.


(colombotimes.lk)




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