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Tag: Sri Lanka central bank rate cut

Sri Lanka cuts rates by 25 basis points to foster growth

Posted on July 24, 2024 By admin
Sri Lanka cuts rates by 25 basis points to foster growth

The Central Bank of Sri Lanka has cut key rates to aid growth. File | Photo Credit: Reuters Sri Lanka’s central bank cut interest rates by 25 basis points in a surprise decision on July 24 to support economic growth and propel the South Asian nation out of its worst financial crisis in decades. The…

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