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W A Wijewardena
waw1949
Low interest rates are justified by @CBSL as necessary to stimulate dying economy;renewal of deposits at 4-5% has affected senior citizens who had depended on interest income;banks tell they can’t
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Panicked by toungelash of @GotabayaR, @CBSL has unloaded Rs112 bn by cutting SRR to 2% on banks already with excess liquidity of Rs100 bn+a refinance facility of Rs150 bn misreading
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