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Sri Lanka ratings upgraded to 'BB-': Fitch

Jul 18, 2011 11:32:48 AM - news.lk

Fitch Ratings has upgraded Sri Lanka's long-term foreign and local sovereign ratings to 'BB-' from 'B+' with stable outlooks for both.
At the same time, the rating agency upgraded the country ceiling to 'BB-' from 'B+' and affirmed the short-term foreign-currency rating at 'B', a statement said.