Sri Lanka central bank keeps rates steady as Mideast war raises risks
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COLOMBO, March 25 : Sri Lanka's central bank kept its benchmark policy rate on hold on Wednesday, wary that rising energy costs linked to the Middle East war could derail recent gains in taming inflation. The Central Bank of Sri Lanka (CBSL) maintained the overnight policy rate at 7.75 per cent, as forecast by a Reuters poll, citing low inflation and a restrained approach on the fallout of the U.S.-Israeli war on Iran. "We have good space to absorb shocks both in terms of inflation and foreign
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