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Fitch Upgrades Sri Lanka s Long-Term Local-Currency IDR to CCC- from Restricted Default

Fitch Upgrades Sri Lanka s Long-Term Local-Currency IDR to CCC- from Restricted Default
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Fitch Upgrades Sri Lanka s Long-Term Local-Currency IDR to CCC- - Adaderana Biz English

Fitch Ratings has upgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘RD’ (Restricted Default). Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below. The Long-Term Foreign-Currency IDR has been affirmed at ‘RD’ and the Country Ceiling at ‘B-‘. The Short-Term Local-Currency IDR has been downgraded.

Sri lankaCurrency debt exchangeFitch ratingsWorld bank governance indicatorsCentral bankFund facilityLong term local currency issuer default ratingRestricted defaultLong term foreign currencyCountry ceilingSovereign rating criteriaCurrency debt exchange completedLong term local currencyDebt remains highFinancing needsRevenue generation key

Fitch upgrades Sri Lanka s long-term local-currency IDR to CCC- - Breaking News

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Sri Lanka : Fitch upgrades Sri Lanka s Long-Term Local-Currency IDR to CCC-

Sri Lanka : Fitch upgrades Sri Lanka s Long-Term Local-Currency IDR to CCC-
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Fitch revises outlook on Bangladesh s foreign debt to negative in the long term

Fitch revises outlook on Bangladesh s foreign debt to negative in the long term
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