Sri Lanka makes surprise rate cut to boost growth
Agencies: Colombo, Dec 12 2012, 16:45 IST
in the first quarter again, but we expect another 50 basis points next year," she said.
The rate cut had little impact on the share market, while the rupee currency was barely changed at 128.75/80 per dollar. Just a tad firmer than Tuesday's close of 128.80/90.
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