Back 22 May 2025

Sri Lanka cenbank cuts rate by 25 bps in surprise move to foster growth ​  

Summary: Sri Lanka’s central bank unexpectedly cut the policy rate by 25 basis points to 7.75% to support economic growth and manage inflation. This move aims to mitigate potential impacts from U.S. tariffs and global uncertainties while Sri Lanka recovers from a financial crisis.

Link: https://www.channelnewsasia.com/business/sri-lanka-cenbank-cuts-rate-25-bps-surprise-move-foster-growth-5146026