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SL%27s+Central+Bank+decides+to+maintain+current+policy+interest+rates
Saturday, 12 May 2012 - 19:54
SL's Central Bank decides to maintain current policy interest rates
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Sri Lanka's Central Bank has decided to maintain current policy interest rates as the Monetary Board of the Bank was of the view that the policy measures implemented earlier this year are sufficient to ease the expansion of both credit and the trade deficit.

Following its monthly Monetary Board meeting, the Central Bank said its Repurchase rate would remain at 7.75 percent while the Reverse Repurchase rate remains at 9.75 percent.

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