Hirunews Logo
Sri+Lanka+cuts+Reverse+Repo+Rate%2C+renames+it+Standing+Lending+Facility+Rate
Thursday, 02 January 2014 - 10:36
Sri Lanka cuts Reverse Repo Rate, renames it Standing Lending Facility Rate
23

Shares
2,852

Views
Central Bank renamed the reverse repurchase rate Standing Lending Facility Rate and reduced the rate by 50 basis points to 8.00 percent today with immediate effect.

The Bank left the repurchase rate unchanged at 6.50 percent compressing the Standing Rate Corridor to 150 basis points from the current 200 basis points.


Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
News Image
Hiru News Programme Segments
502 Views
416 Views
3,385 Views
8,632 Views
12,135 Views
53,720 Views
Top