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The Economic Times

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Fitch upgrades Sri Lanka's rating to 'B-'

Fitch Ratings upgraded Sri Lankas long-term foreign-currency default rating to B- from CCC+ and maintained a stable outlook, citing macro-stabilisation policies and structural reforms that have eased external financing risks. However, high debt, modest foreign-exchange reserves and higher energy costs remain risks, while remittances and multilateral financing provide support.

22 Sep 2026 1:54 pm