Sri Lanka's central bank kept rates steady

 @ibtimes
on December 13 2009 10:17 PM

The central bank of Sri Lanka kept the repurchase rate at 7.50% to meet market expectations, while the reverse repo rate was kept unchanged at 9.75%. Monetary policy makers in Sri Lanka kept interest rates at the lowest record in 5 years hoping to support economic recovery and help to accelerate economic growth.

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