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The Sri Lankan rupee has turned into Asia’s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and ...
This article is for subscribers only. Sri Lanka allowed its currency to trade in a wider band, stepping up efforts to secure a $2.9 billion International Monetary Fund bailout. The rupee advanced. The ...
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S&P Global Ratings has upgraded Sri Lanka's foreign currency sovereign credit rating on Sri Lanka to 'CCC+/C' from 'SD/SD' ...