Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Sri Lanka's Central Bank sets new 8% policy rate to aid economic recovery and control inflation.

flag Sri Lanka’s Central Bank has set a new single policy rate of 8%, easing from previous rates to support economic recovery. flag This move replaces the old dual-rate system, aiming to improve monetary policy efficiency. flag The change follows the country’s gradual recovery from a severe financial crisis, aided by a $2.9 billion IMF assistance package. flag The new rate is intended to help control inflation while fostering economic growth.

19 Articles