Can I read Central Bank of Sri Lanka Cuts Interest Rates on EtoBox?

Central Bank of Sri Lanka Cuts Interest Rates by Eduardo Nguenha is a document available to read on EtoBox.

What is Central Bank of Sri Lanka Cuts Interest Rates about?

The Central Bank of Sri Lanka has reduced its policy interest rates by 50 basis points to support economic recovery amidst subdued domestic and global economic conditions. The Standing Deposit Facility Rate is now 6.50% and the Standing Lending Facility Rate is 7.50%, aimed at facilitating a decline in market lending rates and promoting credit growth. Despite challenges, a revival in economic activity is anticipated in 2020, supported by fiscal measures and improved business confidence.

Author

Eduardo Nguenha

Language

EN