CB seen keeping rates steady

Friday, 7 June 2013 05:29 - - {{hitsCtrl.values.hits}}

Reuters: Sri Lanka’s Central Bank is expected to keep key monetary policy rates steady in June after an unexpected 50-basis-point rate cut in May, a Reuters poll showed.

The island-nation’s central bank said on Monday that key policy rates are appropriate after two cuts since December, but it is ready to act if needed if there are any major changes in the macroeconomic outlook.

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