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Sri Lanka cuts rates to boost economy after Easter attacks

Published on: Thursday 30 May 2019

Sri Lanka cuts rates to boost economy after Easter attacks Sri Lanka's central bank cut its main lending rate Friday in a bid to revive the island's economy, which was battered by the Easter suicide bombings that killed 258 people. The Central Bank of Sri Lanka said the rate at which it lent to commercial banks was reduced by 50 basis points to 8.5



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