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Friday, 06 April 2012 - 13:57
Interest Rates Fluctuate - Credit Facilities Limited
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The interest policy rates maintained by the central bank concerning commercial banks have been revised with effect from yesterday.

 The central bank raised the repo rate at which it detains excess money from markets by 25 basis points to 7.75 percent.

Director of the central banks financial research department swarna gunarathna expressed her views to our news team regarding the decision.

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