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BRIEF-‍Moody's says external pressures constrain Sri Lanka's credit profile​
October 17, 2017 / 5:17 AM / 2 months ago

BRIEF-‍Moody's says external pressures constrain Sri Lanka's credit profile​

Oct 17 (Reuters) -

* ‍Moody‘s: external pressures constrain Sri Lanka’s credit profile​

* ‍Moody’s -Sri Lanka’s borrowing requirements and reliance on external, foreign-currency funding expose it to material liquidity, external financing risk

* ‍Moody’s on Sri Lanka says despite recent increase in foreign exchange reserves, reserve coverage of external obligations remains low

* ‍Moody‘s-unless Sri Lanka’s reserves rise further, reserve coverage will weaken, external vulnerability will increase from 2019 when large debt repayments are due Source text for Eikon:

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