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Sri Lanka’s Prime Lending Rate drops below 8%, marking the first dip since a brief fall in January 2022.
Sri Lanka’s Average Weighted Prime Lending Rate (AWPR) has once again briefly fallen below the 8% mark as of July 2025, recording 7.88%, marking a key moment in the country’s post-crisis monetary cycle. This rate, often used as a benchmark for the most creditworthy borrowers, had spiked to nearly 29% in late 2022 amid Sri…