Sri Lanka c.bank cuts key lending rate by 25 bps in surprise move
03 Apr Sri Lanka c.bank cuts key lending rate by 25 bps in surprise move
Posted at 02:23h
in
News
by KMFSLLP
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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