Silk Road Research provides relevant and current information to our clients. Every month we publish the Financial and Economic Analysis of the Sri Lankan Economy. If you want to know about key events and trends in Sri Lanka, our dedicated team provides the answers. Further, Silk Road Research publishes a series of authoritative Sector Reports on the key areas of the local economy. These reports provide an in-depth resource for any potential investor.
Sovereign Credit Rating Action: Moody’s Investors Service on 28th October 2021 downgraded the government of Sri Lanka’s sovereign rating to Caa2 from Caa1. The outlook is stable. This downgrade reflects Moody's view of challenges facing Sri Lanka in meeting forthcoming debt repayment through 2022. The agency has framed its action In the context of low foreign exchange reserves and a piecemeal approach to debt servicing. Sri Lankan Authorities have responded strongly in repudiating the downgrade, and we await the crucial November Budget for a sense of future direction. Click the button below to read more!
View ReportMacro News: The Six Month Road Map was unveiled by the Central Bank of Sri Lanka (CBSL) on the 1st October 2021. The road map addresses some critical issues such as macroeconomic and financial system stability and targets the maintenance of mid single digit inflation, stability of interest rates, and foreign exchange rates. The report has been attached for those who seek an in-depth understanding of the issues facing the country. Click the button below to read more!
View ReportEquity: The Colombo Bourse ended August 2021 on a positive note with the All Share Price Index crossing the 9,000 level for the first time in history, This exceptional equity market performance is at odds with all other recent economic and financial data. Click the button below to read more!
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