Saturday, January 03, 2026 | 05:12 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

S&P cuts Sri Lanka's credit rating to 'B' from 'B+', maintains stable outlook

Image

Reuters

(Reuters) - S&P Global Ratings said on Tuesday it lowered Sri Lanka's sovereign credit rating to 'B' from 'B+', but maintained its outlook at 'stable'.

S&P's action follows a downgrade of Sri Lanka by Fitch Ratings earlier in the day, citing refinancing risks and an uncertain policy outlook.

(Reporting by Shubham Kalia in Bengaluru; Editing by Sunil Nair)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 04 2018 | 3:09 PM IST

Explore News