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Tag: defaults

Sri Lanka defaults on foreign debt due to currency shortage — RT EN

13.04.2022 18 0

13 Apr 2022 5:45 am Sri Lanka has declared a “preventive default” due to the crisis in imports of essential goods caused by a lack of foreign exchange. The Republic intends to use foreign exchange reserves to buy them instead of paying off debts. Sri Lanka is suspending payments on all foreign debt pending its […]

currency, debt, defaults, due, foreign, Lanka, shortage, Sri
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