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Rates Bottom Out

May 22, 2010 2:55:22 PM - thesundayleader.lk
With the Central Bank of Sri Lanka (C.B.S.L.) keeping its policy rates unchanged at Thursday’s Monetary Board meeting, yields at Thursday’s primary Treasury (T) Bill auction remained virtually unchanged, while C.B.S.L. subscribed to Rs. 1,557 million worth of T Bills at the auction, an action that fuels inflationary pressure as the C.B.S.L. lent an equivalent [...]