The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to if you face any technical difficulties when posting
Display results as :
Advanced Search
Latest topics
ACL CablesWed Dec 30, 2020 7:22 pmsubash
Merry Christmas to AllTue Dec 29, 2020 4:53 pmchutiputha
Trading Journal Sat Dec 12, 2020 11:33 pmxmart
HVA FoodsFri Dec 04, 2020 10:25 amThe Invisible
Tokyo CementMon Nov 23, 2020 9:42 amRajapaksap
Insider Dealings Fri Nov 20, 2020 2:30 ampjrngroup
UML United MotorsTue Nov 10, 2020 8:50 amThe Invisible
ExpolankaMon Nov 09, 2020 8:46 pmsmallville
Plantation Sector UpdatesSat Nov 07, 2020 8:15 amRajapaksap
HAYC - HaycarbFri Nov 06, 2020 12:11 pmsubash
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang

Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 3050
Join date : 2016-11-28
Age : 41

Sri Lanka holds rates, amid external jitters Empty Sri Lanka holds rates, amid external jitters

on Fri Jul 06, 2018 8:11 am
Message reputation : 100% (2 votes)
ECONOMYNEXT - Sri Lanka has held its main policy rate at 8.5 percent in June amid global jitters, which has triggered outflows from capital markets, the central bank said, with inflation ticking up slightly.

"Short term interest rates increased recently responding to the prevailing deficit liquidity conditions in the domestic money market," the central bank said. "Yields of short term government securities displayed mixed movements in the recent past, while other market interest rates appear to have stabilised at elevated levels.

"While appropriate open market operations will address short term liquidity concerns, it is expected that nominal and real interest rates would gradually adjust downwards in line with the neutral policy stance of the Central Bank and the prevailing low inflation environment."

After loosening policy in April, the central bank has kept a fairly tight leash on money markets amid international jitters, with the dollar strenghtening. Liquidity shortages also develop when the central bank defends the currency.

In April and May private credit was posiitve, though lower than the sudden spike seen in March.
Ethical Trader
Ethical Trader
Top contributor
Top contributor
Posts : 5567
Join date : 2014-02-28

Sri Lanka holds rates, amid external jitters Empty Re: Sri Lanka holds rates, amid external jitters

on Fri Jul 06, 2018 10:35 am
Back to top
Permissions in this forum:
You cannot reply to topics in this forum