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Saturday, 17 August 2013 - 12:09
The Central Bank says Sri Lanka has kept policy rates steady.
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The Central Bank says Sri Lanka has kept policy rates steady in August with inflation moderate but the external sector will be watched closely amid currency turmoil in trading partners.

 

The Central Bank said inflation fell to 6.1 percent in July from 6.8 percent in June and price increases were expected to remain in single digits for the rest of the year which was good for international and domestic investor confidence.

 

Private credit growth had risen 8.9 percent in the year to June and lending to loss-making state enterprises, had reduced.

 

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