The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Coronavirus Updates
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyToday at 10:49 am by nihal123

» MARKET HOLIDAY ON 30TH MARCH 2020
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyYesterday at 10:09 pm by කිත්සිරි ද සිල්වා

» Thread for News on CSE and SL Economy
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyYesterday at 9:20 pm by The Invisible

» Power of Social Media
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyYesterday at 1:19 pm by කිත්සිරි ද සිල්වා

» මනුස්සකම
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyYesterday at 10:10 am by LSE

» 450 Ivy League courses you can take online right now for free
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySat Mar 28, 2020 2:32 am by pjrngroup

» Thread for News on International Markets
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 27, 2020 4:12 pm by The Invisible

» අය කළ ණය වාරික නැවත ලබා දෙනවා – මහජන බැංකු සභාපති කියයි
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 27, 2020 12:02 pm by nihal123

» මේ දුප්පත් රටට ඔබේ ජීවිතය බේරලා දෙන්න උදව් කරන්න.
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 26, 2020 4:26 pm by malanp

» Coronavirus COVID-19 Live update
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyWed Mar 25, 2020 7:59 pm by nihal123

» Anytime Data
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyWed Mar 25, 2020 4:07 pm by pjrngroup

» Films - To Watch List
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyWed Mar 25, 2020 12:05 pm by yellow knife

» US Embassy urges Americans in Sri Lanka to leave
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyWed Mar 25, 2020 8:16 am by The Invisible

» Oil, Gold & Silver Prices
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 24, 2020 9:59 pm by කිත්සිරි ද සිල්වා

» Why we need to practise social distancing
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 24, 2020 8:44 pm by chutiputha

» මුළු දිවයිනටම ඇඳීරි නිතිය
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 24, 2020 8:17 pm by chutiputha

» නමක් ගමක් දන්නෙ නෑ රත්තරන් මනුස්සයෙක්
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 24, 2020 6:01 pm by nihal123

» Amazon today cancelled the subscription of books and audio stories
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 24, 2020 5:33 pm by කිත්සිරි ද සිල්වා

» ජනපතිගෙන් ජනතාවට සහන
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyMon Mar 23, 2020 8:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka asks telecos to give emergency credit to keep in touch in Coronavirus fight
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyMon Mar 23, 2020 7:35 am by The Invisible

» කොටස් වෙළෙඳපොළ හෙට පැය 03කට විවෘත කෙරේ. හැකි නම් නිවසේ සිට වැඩ කරන්න
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyMon Mar 23, 2020 7:18 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySun Mar 22, 2020 7:52 am by The Invisible

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySat Mar 21, 2020 2:27 pm by serene

» Obituary Notice.
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySat Mar 21, 2020 1:13 pm by කිත්සිරි ද සිල්වා

» Sri Lanka makes mini-budget till May 2020 under Presidential powers
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySat Mar 21, 2020 9:49 am by The Invisible

» හෝමාගම රෝහලත් කොරෝනා රෝගීන් සඳහා වෙන් කරයි
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySat Mar 21, 2020 9:43 am by nihal123

» People first, economy next, says top economist
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 20, 2020 9:59 am by Backstage

» කොටස් වෙළෙඳපොළ ගනුදෙනු හෙට යළි ඇරඹෙයි
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 20, 2020 8:34 am by malanp

» ඉන්දීය අගමැති මුළු රටටම ඇඳිරි නීතිය පනවයි
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 20, 2020 8:05 am by The Invisible

» Happy Birthday
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 20, 2020 4:21 am by nihal123

» Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 19, 2020 2:36 pm by කිත්සිරි ද සිල්වා

» නිවසේ සිට වැඩ කරන සතියක් : රජය සහ පුද්ගලික අංශය දෙකටම
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 19, 2020 2:31 pm by The Invisible

» Sri Lanka elections delayed over Coronavirus
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 19, 2020 2:27 pm by The Invisible

» Sri Lanka’s market closed over Coronavirus on March 19
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 19, 2020 9:31 am by The Invisible

» Sri Lanka stock market closed Tuesday in Coronavirus holiday
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 19, 2020 9:23 am by The Invisible

» Sri Lanka President orders 6-month debt moratorium, 4-pct working capital
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyWed Mar 18, 2020 3:17 pm by slstock

» පුත්තලම, හලාවත ඇතුළු ප්‍රදේශ කිහිපයකට පොලිස් ඇඳිරි නිතිය
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyWed Mar 18, 2020 2:45 pm by The Invisible

» Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 17, 2020 3:03 pm by The Invisible

» Sri Lanka Central Bank Governor asks markets to remain calm
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 17, 2020 2:59 pm by The Invisible

» Dividend Announcements
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyTue Mar 17, 2020 12:59 pm by yellow knife

» කන්දකාඩු නිරෝධායන මධ්‍යස්ථානයෙන් ඇසුණු කතාවක්
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyMon Mar 16, 2020 3:22 pm by nihal123

» Cardinal Seeks UN Probe on China’s Coronavirus
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyMon Mar 16, 2020 7:43 am by The Invisible

» සඳුදා රජයේ නිවාඩු දිනයක්
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptySun Mar 15, 2020 10:10 am by The Invisible

» Contagion (2011)
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 13, 2020 10:22 am by Backstage

» රටවල් තුනක සිට ලංකාවට ඇතුල්වීම අද සිට තහනම් කරයි
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyFri Mar 13, 2020 10:12 am by nihal123

» කොරෝනා වෛරසය ලොව ධනවත්ම පුද්ගලයාගේ වත්කම එක් රැයක දී ඩොලර් බිලියන 7කින් පහළ දමයි
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 12, 2020 11:40 pm by nihal123

» දිවයිනේ සියලුම පාසැල් අප්‍රේල් 20 දක්වා වසා දැමේ
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 12, 2020 8:05 pm by nihal123

» 2020 පෙබරවාරි මාසයේ දී සංචාරකයින්ගේ පැමිණීම 17.7%කින් පහළට. චීනුන් 92%කින් අඩුවෙලා
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 12, 2020 11:03 am by කිත්සිරි ද සිල්වා

» Browns Investments update
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 12, 2020 10:39 am by The Invisible

» Cartoon Today
The Central Bank of Sri Lanka Reduces its Policy Interest Rates EmptyThu Mar 12, 2020 10:23 am by කිත්සිරි ද සිල්වා

March 2020
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

Calendar Calendar

Disclaimer


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

The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by TraderCSE on Fri Aug 23, 2019 7:51 am

The Central Bank of Sri Lanka Reduces its Policy Interest Rates

The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 22 August 2019, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points to 7.00 per cent and 8.00 per cent, respectively. The Board arrived at this decision following a careful analysis of current and expected developments in the domestic economy and the financial market as well as the global economy, with the aim of further supporting the revival of economic activity in the context of low inflation prevailing at present and the medium term inflation outlook, which is well anchored in the desired 4-6 per cent range

https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/press/pr/press_20190823_Monetary_Policy_Review_No_5_2019_e_G93k7.pdf

TraderCSE

Posts : 17
Join date : 2015-09-16

Back to top Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty Re: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by puliyanam on Fri Aug 23, 2019 9:39 am

@TraderCSE, you have put this in entertainment section. By implications, all central bankers and economists should feel like jokers :-)

Cowardly terrorist attacks have dealt a blow to the economy. Add to that the policy uncertainty that prevailed over the last few years. Add to that the geopolitical tensions. Multiply that by the risk of global trade wars and the risk of global recession.  CBSL has no choice imo

Look at the price of gold...
puliyanam
puliyanam
Top contributor
Top contributor

Posts : 435
Join date : 2014-02-28

Back to top Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty Re: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by The Invisible on Fri Aug 23, 2019 9:42 am

It must be a mistake.
The Invisible
The Invisible

Posts : 1654
Join date : 2016-11-28
Age : 40

Back to top Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty Re: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by sapumal on Fri Aug 23, 2019 11:47 am

50 bps drop is significant. This is totally unexpected. Don't be hurry. People have time until 1st September to buy.

sapumal

Posts : 304
Join date : 2014-09-10

Back to top Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty Re: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by Ethical Trader on Fri Aug 23, 2019 12:24 pm

CB has given fairly acceptable reasons for the reduction. ?Why this should be in the entertainment section.
puliyanam wrote:@TraderCSE, you have put this in entertainment section. By implications, all central bankers and economists should feel like jokers :-)

Cowardly terrorist attacks have dealt a blow to the economy. Add to that the policy uncertainty that prevailed over the last few years. Add to that the geopolitical tensions. Multiply that by the risk of global trade wars and the risk of global recession.  CBSL has no choice imo

Look at the price of gold...
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5567
Join date : 2014-02-28

Back to top Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty Re: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by TraderCSE on Fri Aug 23, 2019 1:05 pm

Ethical Trader wrote:CB has given fairly acceptable reasons for the reduction. ?Why this should be in the entertainment section.  
puliyanam wrote:@TraderCSE, you have put this in entertainment section. By implications, all central bankers and economists should feel like jokers :-)

Cowardly terrorist attacks have dealt a blow to the economy. Add to that the policy uncertainty that prevailed over the last few years. Add to that the geopolitical tensions. Multiply that by the risk of global trade wars and the risk of global recession.  CBSL has no choice imo

Look at the price of gold...


I feel CB has taken a very good decision to reduce the market interest rates and hinting there will be a cap for lending rates if necessary.

Sorry to put this in a wrong section by mistake, can anyone change the section please.

TraderCSE

Posts : 17
Join date : 2015-09-16

Back to top Go down

The Central Bank of Sri Lanka Reduces its Policy Interest Rates Empty Re: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

Post by Ethical Trader on Sat Aug 24, 2019 4:26 am

Thanks for the explanation. Make a request to Mods or Admin to change it.
TraderCSE wrote:
Ethical Trader wrote:CB has given fairly acceptable reasons for the reduction. ?Why this should be in the entertainment section.  
puliyanam wrote:@TraderCSE, you have put this in entertainment section. By implications, all central bankers and economists should feel like jokers :-)

Cowardly terrorist attacks have dealt a blow to the economy. Add to that the policy uncertainty that prevailed over the last few years. Add to that the geopolitical tensions. Multiply that by the risk of global trade wars and the risk of global recession.  CBSL has no choice imo

Look at the price of gold...


I feel CB has taken a very good decision to reduce the market interest rates and hinting there will be a cap for lending rates if necessary.

Sorry to put this in a wrong section by mistake, can anyone change the section please.
Ethical Trader
Ethical Trader
Top contributor
Top contributor

Posts : 5567
Join date : 2014-02-28

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum