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Interest rates to be reduced in 2023: CBSL Governor

Thursday, 26 January 2023 16:16 - - {{hitsCtrl.values.hits}}

Central Bank Governor Dr. Nandalal Weerasinghe said that IMF Executive Board approval for the $ 2.9 billion Extended Fund Facility program and related developments will help ease the crisis in the Balance of Payments after which interest rates will come down.