Sri Lanka Keeps Interest Rates Unchanged for a Second Month
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The Central Bank of Sri Lanka kept its reverse repurchase rate at 9.75 percent and the repurchase rate at 7.75 percent, according to a statement on its website today.
- Seven of eight economists in a Bloomberg News survey predicted no change in the reverse repurchase rate, with one expecting a 0.25 percentage-point cut.
- Six of eight economists forecast an unchanged repurchase rate, with one respondent expecting a quarter-point increase and one a 25 basis-points cut.