Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from 'CCC'. Fitch typically does not assign Outlooks or apply modifiers for sovereigns with a rating of 'CCC' or below.
Related: S&P downgrades Sri Lanka; Central Bank disputes
Correction-Fitch-Downgrades-Sri-Lankas-Long-Term-Foreign-Currency-IDR-to-CC