Economics

Foreign Inflows into Sri Lanka’s Government Securities Rise Amid Deflationary Policies

Foreign investment in Sri Lanka’s government securities surged last week, with Central Bank data revealing a 15.7 percent increase in foreign holdings. The rise, amounting to 6.9 billion rupees ($23.4 million at an exchange rate of 1 US dollar = 295 LKR), brought the total foreign holding in Sri Lanka’s Treasury bills and bonds to

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