Moodys has placed Sri Lankas Ca long-term foreign currency ranking on review for an upgrade, the credit rankings company stated on Wednesday, following the governments bond-exchange offer that aims to complete the restructuring of global bonds.The bond swap, launched on Tuesday, is a vital part of the island countries ongoing $12.55 billion debt restructuring and its efforts to support the economy.The nation had defaulted on its foreign debt for the first time in May 2022, reeling under a serious crisis amid a heavy financial obligation concern and declining forex reserves.Moodys also appointed a provisional Caa1 credit score to Sri Lankas brand-new United States dollar-denominated debt issuances, which are part of its bond-exchange offer.Source: Reuters-- Agencies