News Line

    Go to Home Back
Email this to a friend
Printable version
Tuesday, February 08, 2011 - 6.45 GMT

Interest rates at 'comfortable level'- CB

 
Sri Lankan interest rates are now at a "comfortable level," said Governor of the Central Bank, Ajith Nivard Cabraal.

He told Dow Jones Newswires that a future loosening in policy couldn't be ruled out, while a tightening was "very, very unlikely" anytime soon.

Mr. Ajith Nivard Cabraal also said Sri Lanka's economy has been able to cope with the rupee's rise over the past year, adding that the authorities would continue to ensure currency moves were orderly.

 

 
                  009
 
   
   
     
   
   

top

   

Contact Information:: Send mail to priu@presidentsoffice.lk with questions or comments about this web site.
Last modified: February 08, 2011.

Copyright © 2008 Policy Research & Information Unit of the Presidential Secretariat of Sri Lanka. All Rights Reserved.