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Sri Lanka unexpectedly cuts rates to spur growth, further reductions likely

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 , United Kingdom , Udeeshan Jonas , P Nandalal Weerasinghe , Thilina Panduwawala , International Monetary Fund , Central Bank , Standing Deposit Facility Rate , Standing Lending Facility Rate , South Asian ,

Sri Lanka unexpectedly cuts policy rates by 50 bps to spur growth

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 , United Kingdom , Shri Navaratnam , Thilina Panduwawala , Uditha Jayasinghe , Frontier Research , Central Bank , International Monetary Fund , Standing Deposit Facility Rate , Standing Lending Facility Rate , Swati Bhat ,

Sri Lanka central bank keeps policy rates unchanged to tame inflation

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 ....

Sri Lanka , Sri Lankans , Uditha Jayasinghe , Udeeshan Jonas , Thilina Panduwawala , Edmund Klamann , Sudipto Ganguly , International Monetary Fund , Central Bank , Standing Deposit Facility Rate , Standing Lending Facility Rate ,