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Sri Lanka's Central Bank sets new 8% policy rate to aid economic recovery and control inflation.
Sri Lanka’s Central Bank has set a new single policy rate of 8%, easing from previous rates to support economic recovery.
This move replaces the old dual-rate system, aiming to improve monetary policy efficiency.
The change follows the country’s gradual recovery from a severe financial crisis, aided by a $2.9 billion IMF assistance package.
The new rate is intended to help control inflation while fostering economic growth.
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El Banco Central de Sri Lanka establece una nueva tasa de política del 8% para ayudar a la recuperación económica y controlar la inflación.