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11 months ago

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Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis

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Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis

In a sign of confidence that the worst of Sri Lanka's financial crisis is over, its central bank surprised markets by cutting interest rates for the first time in three years on Thursday, signalling a change of course to fuel a rebound in the economy.

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Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis

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Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis

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