(Bloomberg) -- Sri Lanka's central bank kept its
benchmark interest rate unchanged for a third straight month to
spur economic growth, after five increases since June helped
push inflation to a seven-month low.
Central Bank of Sri Lanka Governor Ajith Nivard Cabraal
held the repurchase rate at 10.5 percent, the highest level in
Asia, the Colombo-based bank said in a statement today. All 11
analysts in a Bloomberg News survey predicted the decision.
Read more at Bloomberg Emerging Markets News
benchmark interest rate unchanged for a third straight month to
spur economic growth, after five increases since June helped
push inflation to a seven-month low.
Central Bank of Sri Lanka Governor Ajith Nivard Cabraal
held the repurchase rate at 10.5 percent, the highest level in
Asia, the Colombo-based bank said in a statement today. All 11
analysts in a Bloomberg News survey predicted the decision.
Read more at Bloomberg Emerging Markets News
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