Sri Lanka central bank to hold rates, await clarity from new president, election

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COLOMBO : Sri Lanka's central bank is expected to hold interest rates steady on Friday as it awaits clarity from the new president on his plans to forge a stronger rebound from a crippling financial crisis.

His coalition held just three seats in the parliament elected in August 2020.

Dissanayake dissolved parliament on Tuesday and is hoping to strengthen his hand in the 225-member house when a general election is held on Nov.14.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSri Lanka

Topics: Presidential Anura Points Dissanayake Rates Lanka Crisis Bank Inflation Central Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 18:41:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 32 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22705612

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 25 minutes ago

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