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Sri Lanka ratings upgraded to ‘BB-‘ - Fitch

Jul 18, 2011 5:45:34 AM - adaderana.lk
Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘BB-’ from ‘B+’. The Outlooks on both ratings are Stable. At the same time, the agency upgraded the Country Ceiling to ‘BB-’ from ‘B+’ and affirmed the Short-Term Foreign-Currency IDR at ‘B’. MORE...