Sri Lanka monetary policy changes

Sri Lanka’s Central Bank Eases Monetary Policy to Support Economic Recovery

Sri Lanka’s Central Bank Eases Monetary Policy to Support Economic Recovery In a bid to support the country’s economic recovery, Sri Lanka’s Central Bank has decided to ease its monetary policy. The bank has reduced interest rates and adopted measures aimed at boosting economic activity, which has been significantly impacted by the economic crisis. These…

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Forex Reserves1

Forex Reserves : Forex Reserves Decline by $8.31 bn to $566.94 bn

Forex Reserves : Forex Reserves Decline by $8.31 bn to $566.94 bn India’s foreign exchange reserves declined by $8.31 billion to $566.94 billion in the week ended April 9, 2021, mainly due to a fall in foreign currency assets (FCA), as per the Reserve Bank of India (RBI) weekly statistical supplement data. The FCA, which…

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