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Central Bank Battles Currency Slide with Tough Lending Restrictions

Source: Lanka News
Category: Business
Region: Sri Lanka
Published: May 26, 2026 at 04:23

πŸ“ Summary

Sri Lanka’s Central Bank has launched an aggressive financial containment strategy after the rupee suffered nine straight days of depreciation, raising fears of renewed inflationary instability and mounting stress across the country’s vulnerable finance sector. The CBSL’s sudden tightening of loan-to-value (LTV) ratios on vehicle financing and gold-backed lending reflects growing concern that excessive credit […] The post Central Bank Battles Currency Slide with Tough Lending Restrictions appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
🏷️ Keywords:
central bank lending battles currency slide tough restrictions lanka

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