Central Bank seen keeping rates steady

16 Aug 2013 - {{hitsCtrl.values.hits}}

The Central Bank is expected to keep key monetary policy rates steady, a Reuters poll showed, as it reviews the impact of policy easing in recent months.

The Central Bank reduced commercial banks’ statutory reserve ratio by two percentage points from July 1, and cut its main policy interest rates by 50 basis points (bps) in May. It reduced the rates by 25 bps in December. The island-nation’s Central Bank’s policy stance has leaned towards easing since December.

(REUTERS)

Economy

Central Bank seen keeping rates steady

Most Popular Articles

Middle east tensions weigh on CSE as selling pressure intensifies

Market surges on optimism over potential Iran–USA peace deal

Earnings optimism lifts CSE as ASPI gains over 111 points

Global tariffs and geopolitical shockwaves trigger broad market selloff on CSE

Restoring health and sanitation to rural schools

Latest News

Japan’s samurai spirit

CPC to reduce fuel import bill to USD 198 million in July

NIC mandatory for 2026 G.C.E. (O/L) exam applications: Examinations Department

Three-wheeler operators expected Saradiel-style rule from Government

Sri Lanka Schools Dialog Under-19 League Rugby Tournament 2026