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Sri Lanka Central Bank Cuts Key Rates

Jan 11, 2011 12:43:43 AM - news.lk

Sri Lanka's central bank on Tuesday cut its key policy rates after around four months. The bank has reduced the Repurchase rate by 25 basis points and the Reverse Repurchase rate by 50 basis points to7.00 per cent and 8.50 per cent, respectively, with effect from 11January 2011.