Sri Lanka's central bank likely to resume rate cuts to foster growth: Reuters poll
Iulian Moșneagu
COLOMBO : Sri Lanka's central bank is expected to renew easing of interest rates on Wednesday, with a reduction of a quarter percentage point, as it looks to boost economic growth during the island nation's recovery from a lingering financial crisis. The median estimate in a Reuters poll of 13 analysts and economists predicts the central bank will reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 25 basis points each to 8 per cent and 9 per cent,
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