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Sri Lanka#39;s central bank reduces interest rates for a second time in a month to ease pressures on financial markets

Sri Lanka#39;s central bank reduces interest rates for a second time in a month to ease pressures on financial markets

A statement from the Central Bank of Sri Lanka said the deposit facility rate and the lending facility rates were reduced by 200 basis points to 11 and 12 per cent. This is aimed at “enabling the economy to reach… Read More »Sri Lanka#39;s central bank reduces interest rates for a second time in a month to ease pressures on financial markets

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