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KM Financial Solutions | UPDATE 1-Sri Lanka to halve maximum foreign holding limit in govt securities
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UPDATE 1-Sri Lanka to halve maximum foreign holding limit in govt securities

01 Jan UPDATE 1-Sri Lanka to halve maximum foreign holding limit in govt securities

Posted at 13:33h in News by
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Sri Lanka plans to restrict
foreign holdings of government securities to a maximum 5 percent
from the current 10 percent to prevent possible hot money flows
and improve the quality of reserves, the country’s central bank
chief said on Wednesday.

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