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Sri Lanka doubles interest rates to tame inflation; stabilise economy

The Central Bank of Sri Lanka’s (CBSL) monetary board raised its standing lending facility to 14.50 percent and its standing deposit facility to 13.50 percent. Sri Lanka doubles interest rates to tame inflation; stabilise economy
Demonstrators pull down metal barriers as they try to enter the main road towards the parliament during a protest against Sri Lankan President Gotabaya Rajapaksa near the parliament, amid the country’s economic crisis in Colombo, Sri Lanka, April 8, 2022. REUTERS
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Reuters
Published at : April 8, 2022
Updated at : April 8, 2022 21:34
Colombo

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