Interest
rates play a crucial role in the economy, influencing everything from
individual savings and borrowings to broader economic growth. From earning the
best Savings account interest rates in Sri Lanka to USD to LKR
conversions when you send money to Sri Lanka, and payments on personal,
business and gold loans, interest rates have an impact on all our
financial decisions. It is defined as the price of borrowing money, the reward
for saving, and a key lever for central banks in managing economic activity.
Unde...
more