For Sri Lanka to move out of its dollar and debt crisis, it needs to attract new investors to the country by portraying as a investor friendly country with returns, a business leader said.
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Sri Lanka s overnight rates spiked to 5.75 percent on Thursday after a 50 basis point rate hike, up from 5.10/20 percent a day earlier while bond yields were up around 30 to 40 basis points, market participants said.