Sri Lanka's central bank is expected to leave its key interest rates steady...
COLOMBO - Sri Lanka’s central bank is expected to leave its key interest rates steady on Monday, a Reuters poll showed, but analysts aren’t ruling out an easing as the rupee steadies and policymakers aim to boost economic growth ahead of elections.
The rupee, which fell to a record low in early January, has bounced over 4.8 percent since then, giving policymakers some breathing room to address growth concerns. The central bank unexpectedly slashed banks’ SRR by 100 basis points in February to spur credit growth after a political crisis triggered credit downgrades by all three major global rating agencies.
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