COLOMBO :Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday and said there was space to ease policy further as it prioritises growth to steer the economy out of its worst financial crisis in decades.The Central Bank of Sri Lanka (CBSL) reduced the Standing Depo
Sri Lanka s central bank
lowered interest rates by 50 basis points in an unexpected move
on Tuesday as policymakers prioritised boosting growth and
steering the economy out of its worst financial. -March 25, 2024 at 10:06 pm EDT
- MarketScreener
Sri Lanka s central bank kept interest rates steady on Tuesday, in line with market expectations, forgoing a rate cut as a new tax threatened upward pressure on expenses and fuelled concerns about. -January 22, 2024 at 10:32 pm EST
- MarketScreener