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S&P affirms Sri Lanka sovereign rating at CCC+ on strong revenue growth
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S&P affirms Sri Lanka sovereign rating at CCC+ on strong revenue growth
ECONOMYNEXT – S&P Global Ratings has affirmed its long- and short-term foreign and local currency sovereign credit ratings on Sri Lanka at ‘CCC+/C’. The outlook on the long-term foreign and local currency ratings is stable. “We have revised the transfer and convertibility assessment to ‘B-‘ from ‘CCC+’,” the ratings agency said. “We could lower the ratings on Sri Lanka if we see indications of renewed risks of funding and liquidity stresses. Dev…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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