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Sinhala

Sri Lanka Treasury to buy dollars to settle debt and avoid second default

  • CNL Reporter
  • June 30, 2025
  • Banking and Financial, Political
  • dollars
  • 0 Comments

Now that Sri Lanka’s central bank has made a pro-cyclical rate cut as private credit is recovering reminiscent of its actions in 2015, 2018 and second half of 2019,

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