Paul Farbrace quits Sri Lanka Cricket
Sri Lanka has kept its key policy rates unchanged, as the monetary authority expects credit to the private sector to grow in the second quarter of the year, as the reliance of the public sector for bank credit is expected to ease in the coming months.
This situation, the Central Bank says will help boost the economy.
Accordingly, the Monetary Board in its latest policy meeting has decided keep the Standing Deposit Facility Rate and 6.50-pct and Standing Lending Facility Rate at 8-pct.