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Sri Lanka local debt at risk of second hair-cut at CCC: Fitch

Sri Lanka’s local currency debt which has taken almost 44 percent hair cut as the rupee collapsed from 200 to 360 to the US dollar may be at risk of a second cut, a rating agency has warned.

Sri Lanka local debt at risk of second hair-cut at CCC: Fitch

Economy Next
2022-07-28
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