Banks loaned 96 billion rupees to private borrowers in November, up from 88 billion in September and 74 billion rupees in October, after a surge of 135 billion rupees in August. Meanwhile, credit to the government from banks contracted absolutely in August and September, but expanded by only 8...
ECONOMYNEXT – Sri Lanka’s rupee closed at 296.90/297.10 to the US dollar in the spot market Monday, weaker from Friday’s close of 296.40/60 dealers said, while bond yields were up. The central bank will announce its monetary policy review on Wednesday, January 29 at 7.30 am, it said...