Sri Lanka keeps rates steady as policy clarity from new president awaited
SRI
COLOMBO :Sri Lanka's central bank kept interest rates unchanged on Friday in line with expectations, citing domestic and global uncertainties, but said inflation was likely to remain low and growth was doing better than initially expected. The Central Bank of Sri Lanka (CBSL) kept the Standing Deposit Facility Rate at 8.25 per cent and the Standing Lending Facility Rate at 9.25 per cent. The decision comes in the wake of the election of a new president to steer the island out of its worst
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