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Sri Lanka should be prepared for a prolonged external slowdown: interview
Nov 27, 2008 (LBO) – Sri Lanka should be prepared for a prolonged external slowdown as the world recovers from excessive debt brought on by paper money central banks, especially the Federal Reserve, says a Netherlands-based economist. Howard Nicholas from the Institute of Social Studies in the Netherlands spoke to LBO during a visit to […]
Steady Flow
Treasury bill yields remained flat at Mondays auction signaling a steady outlook for short-term interest rates.The Central Bank offered and accepted bids for Rs.7,797 mn, though the auction was received bids for Rs.16,242 mn.rn rnThe bank retired Rs. 2,500 mn worth of bill that retired this week.rn rnThree-month yields slipped 200 basis points to 7.77 […]
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