Crisis-hit Sri Lanka doubles interest rates to tame inflation
Edited By WION Video Desk
Published: Apr 09, 2022, 04:39 IST | Updated: Apr 09, 2022, 04:39 IST
Sri Lanka has doubled the interest rates to tame inflation. There's an unprecedented 700 basis point hike by the Central bank. The rate for deposits has increased to 13.5%. To get more perspective, watch this report by Dasuni Athauda.
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