Sri Lanka objects to ‘highly unwarranted’ downgrade
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- ECB staff speak out against changes to internal survey
- Central bank of the year: Central Bank of Brazil
- Fed holds rates as it struggles with inflation’s last mile