Sri Lanka hit with downgrade ahead of January bond maturity

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Sri Lanka hit with downgrade ahead of January bond maturity

Manju Dalal
December 20, 2021 07:08 am
Graph Falling Down in Front Of Sri Lanka Flag. Crisis Concept-adobe-Dec2021
Graph Falling Down in Front Of Sri Lanka Flag. Crisis Concept | natanaelginting - stock.adobe.co

Faced with low foreign exchange reserves and insufficient funding sources, the sovereign has an IMF bailout in sight

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Manju Dalal
Deputy editor, GlobalCapital Asia
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