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Sunday, 08 December 2013 - 8:18
CBSL to keep policy rates steady
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A Reuters poll showed, Sri Lanka's central bank is expected to keep its policy rates steady on at its monetary meeting tomorrow.

This is after it slashed them by 50 basis points in October to multi-year lows to stimulate economic growth.

The central bank has lowered key rates by 125 basis points since December last year, along with several other easing monetary-policy measures including cutting commercial banks' statutory reserve ratio by 200 basis points from July.
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