KM Financial Solutions | Sri Lanka c.bank cuts key lending rate by 25 bps in surprise move
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Sri Lanka c.bank cuts key lending rate by 25 bps in surprise move

Sri Lanka c.bank cuts key lending rate by 25 bps in surprise move

COLOMBO, April 4 (Reuters) – Sri Lanka’s central bank
unexpectedly cut its standing lending facility rate (SLFR) by 25
basis points on Wednesday, citing favourable inflation and
lacklustre growth after the economy suffered its slowed
expansion in 16 years in 2017.

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