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Country or currency union Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
The Sri Lanka women's cricket team is selected for the 2024 ICC Women's T20 World Cup after winning the 2024 ICC Women's T20 World Cup Qualifier final against Scotland. [ 61 ] 10 May – Mujibur Rahman is reappointed to parliament as a National List MP , replacing the unseated Diana Gamage.
The so-called overnight reverse repurchase agreement rate, one of two technical lending rates the Fed uses to ensure the federal funds rate stays within its monetary policy target range, is ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Sri Lanka: 23 September 2024 [a] [4] [2] Minister of Defence: 24 September 2024 [a] Minister of Finance, Planning and Economic Development: 24 September 2024 [a] Minister of Digital Economy: 18 November 2024: Harini Amarasuriya: National People's Power: Prime Minister: Colombo: 24 September 2024 [a] Minister of Education, Higher Education and ...
Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. [6] Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [ 7 ] Sovereign bond ...
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]