The above is the question bankers, the private sector and the public is confronted with when the Central Bank’s Monetary Board meets on Wednesday for its monthly meeting to review monetary policy.
The decision of the board would be announced on Thursday at 7.30 am, the Central Bank said in a statement.
The last time interest rates were increased was on April 8 with the highest hike in several years. Then Monetary Board decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 700 basis points to 13.50 per cent and 14.50 per cent.
My acquittance with Chula goes back to 1976, 77 where Ananda Under 15 Soccer practices had in Cambel place, Chula was a brilliant mid fielder could kick the ball from both legs
Former Speaker and NPP MP Asoka Ranwala was arrested today following a road accident in the Denimulla area of Sapugaskanda last night, police said.
President Anura Kumara Dissaayake today announced a relief package for persons, including school children affected by the devastating landslides and floods.
Read this week’s Sunday Times for your interesting articles
Read this week’s Sunday Times for your interesting articles
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