ETV Bharat / Sri Lanka Hikes Interest Rates

Sri Lanka Hikes Interest Rates

Sri Lanka's central bank has decided to hike interest rates by an unprecedented 700 basis points to tame high inflation amid the worst economic crisis that has led to protests across the country and put President Gotabaya Rajapaksa under mounting pressure to resign

Sri Lanka hikes interest rates to tackle inflation amid economic crisis

Apr 9, 2022

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