Tag: Global coronavirus outbreak exacerbates Sri Lanka liquidity & external risks: Moodys

Moody-Investors-Service

‘s liquidity & external risks: Moody’s

Apr 29, 2020 (LBO) – Sri Lanka (B2 review for downgrade) is facing simultaneous domestic and external shocks amid the global coronavirus outbreak, Moody’s Investors Service said in an issuer in-depth analysis. According to the analysis, capital outflows, marked local currency depreciation, wider risk premia and a further decline in real GDP growth will raise […]