Sri Lanka private credit negative in June 2022, Rs 189bn printed ECONOMYNEXT – Sri Lanka’s credit from commercial banks to private borrowers fell 21 billion rupees in June 2022 with dollar denominated loans falling, while 189 billion rupees had been printed by the central bank official data showed, as forex shortages continued to persist. Credit to private sector from rupee banking units went by 16 billion rupees to 6,959 billion rupees, while dollar denominated loans fell from 794.6 billion rupees to 738.1 billion rupees. Sri Lanka is facing steep inflation…
Read MoreSri Lanka private credit negative in June 2022, Rs 189 bn printed
