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Anglostratits
April 18, 2020
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Finance

Moody’s places Sri Lanka’s B2 ratings on review for downgrade

16min
Moody’s Investors Service (“Moody’s”) has today placed the Government of Sri Lanka’s long-term foreign currency issuer and senior unsecured B2 ratings under review for downgrade. The decision to place Sri Lanka’s ratings on review for downgrade is prompted by Moody’s assessment that the acute tightening in global financing conditions, fall in export revenue, and sharp […]
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November 20, 2018
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Business & EconomyEconomy

Moody’s downgrades Sri Lanka’s ratings to B2, changes outlook to stable from negative

18min
  Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Sri Lanka’s foreign currency issuer and senior unsecured ratings to B2 from B1 and changed the outlook to stable from negative. The decision to downgrade the rating to B2 is driven by Moody’s view that ongoing tightening in external and domestic financing conditions and […]
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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.

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