Sri Lanka doubles interest rates to tame inflation as crisis bites - CNA

COLOMBO: Sri Lanka's central bank doubled its key interest rates on Friday (Apr 8), raising each by an unprecedented 700 basis points to tame inflation that has soared due to crippling shortages of basic goods driven by a devastating economic crisis. The h…

COLOMBO: Sri Lanka's central bank doubled its key interest rates on Friday (Apr 8), raising each by an unprecedented 700 basis points to tame inflation that has soared due to crippling shortages of b… [+2081 chars]

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