Sri Lanka tightens foreign exchange

The central bank will keep lending rates below 10 percent to help revive the battered economy but there will be tighter controls on imports.
Phillepus Uusiku
  • 3 Year Ago - 2021-01-05 00:00:00
Sri Lanka ordered tight foreign exchange controls after announcing a 3.9 percent contraction in the economy that accentuated concerns over its ability to repay foreign debt.Central
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Namibian Sun 2024-11-15

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