Sri Lanka objects to ‘highly unwarranted’ downgrade

sri-lanka

The Central Bank of Sri Lanka on February 29 issued a statement calling the decision to alter the country's credit rating "highly unwarranted".

Standard & Poor's (S&P) Ratings Services on February 29 revised its outlook on the long-term foreign currency sovereign credit rating for Sri Lanka to stable from positive. At the same time, S&P affirmed its B+/B foreign currency sovereign credit ratings on Sri Lanka.

The rating agency also lowered the long-term local currency rating to B+ from BB–

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: