[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
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Global rating agency Standard and Poor’s has lowered the long-term foreign currency sovereign credit rating on Sri Lanka to “SD” (selective default) from “CC” as the crisis-hit Island nation missed an interest payment on bonds. On April 18, Sri Lanka missed interest payments on its $1.25 billion international sovereign bonds maturing in 2023 and 2028. “We do […]
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The Sri Lankan rupee has depreciated to the lowest value against the US dollar in history today (April 25). The post Sri Lankan Rupee further depreciates against US Dollar appeared first on ONLANKA... Click on the headline to read the full story
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