Tuesday May 13, 2025
Friday, 23 October 2020 00:20 - - {{hitsCtrl.values.hits}}
Former Senior Deputy Governor and FT columnist W.A. Wijewardena yesterday claimed that the Central Bank has created an interest rate anomaly by keeping policy rates unchanged at 4.5% for standing deposits and 5.5% for standing lending when Treasury Bill rates falling below that level.
“At last auction, six month and one year TB rates fell to 3.87% and 4.17% respectively,” he added in a tweet.
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