© Reuters. FILE PHOTO: Individuals stroll previous the primary entrance of the Sri Lanka’s Central Financial institution in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte
COLOMBO (Reuters) – Sri Lanka’s central financial institution held charges on Thursday, including it expects a moderation in market rates of interest in step with the prevailing coverage rates of interest.
The Standing Lending Facility fee was held regular at 15.50% whereas the Standing Deposit Facility Price was stored unchanged at 14.50%.
“The Board was of the view that the prevailing tight financial coverage stance is important to rein in any underlying demand pressures within the economic system,” the central banks mentioned in a press release.
