Sri Lanka central bank set to cut interest rates to stimulate growth

Sri Lanka's central bank is preparing to lower interest rates by a quarter percentage point in an effort to boost economic growth amid an ongoing financial crisis.

The rate cut is seen as a significant move towards revitalizing the economy and creating a more favorable environment for investment and consumer spending.

This decision is expected to have a positive impact on the overall economic situation in Sri Lanka, as it will encourage businesses to borrow and invest, leading to increased economic activity and job creation.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings