---
title: "S&P lowers Sri Lanka’s long-term foreign currency sovereign rating to CC"
url: https://www.lankaxpress.com/sp-lowers-sri-lankas-long-term-foreign-currency-sovereign-rating-to-cc/
type: post
date: 2022-04-14
modified: 2022-04-14
markdown_url: https://www.lankaxpress.com/sp-lowers-sri-lankas-long-term-foreign-currency-sovereign-rating-to-cc.md
author: "admin"
---

# S&P lowers Sri Lanka’s long-term foreign currency sovereign rating to CC

Global rating agency Standard and Poor's (S&P) lowers Sri Lanka's long-term foreign currency sovereign rating from "CCC" to "CC."

S&P Global Ratings is an American credit rating agency and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings