Central Bank of Sri Lanka Leaves Policy Steady After Monthly Review
February 8, 2011
The repo rate had been cut by 50 basis points in November and 25 bps each in December and January but was left unchanged this month at 7.0%. 200 bps of cuts were implemented in the first half of 2010. No rate changes occurred between February 2007 and February 2010. Central bank officials also left there reverse repo rate steady at 8.5% after today’s meeting. A statement released by the Central Bank of Sri Lanka spoke of rising global commodity prices. CPI inflation is hovering marginally below the repo rate level, and money growth is as expected. The next meeting of policymakers is set for March 8.
WE RECOMMEND THE VIDEO: WHAT IS FOREX?
My voice is speed up in this video to make the video shorter⏳ . In this video you will learn what forex is, some benefits,who can trade forex, and more. . Continue ...
Copyright Larry Greenberg 2011. All rights reserved. No secondary distribution without express permission.
This entry was posted on Tuesday, February 8th, 2011 at 6:56 am and is filed under Central Bank Watch. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Comments are closed.
Currency Thoughts has evolved from a blog to a full-functioning website. This new design provides easier access to your favorite features and new capabilities to accept ads. In the future, it will be possible to register to accept emailed updates.
Wednesday, 2 September 2020