(Bloomberg) -- Sri Lanka's central bank will
probably keep its benchmark interest rate unchanged for a fourth
straight meeting to push inflation lower while supporting growth.
Central Bank of Sri Lanka Governor Nivard Cabraal will
leave the repurchase rate at 10.5 percent, the highest level in
Asia, according to 10 of 11 analysts surveyed by Bloomberg News.
One economist expected a 25 basis point increase. The decision
is expected on June 25 at 7.30 a.m. in Colombo.
Read more at Bloomberg Emerging Markets News
probably keep its benchmark interest rate unchanged for a fourth
straight meeting to push inflation lower while supporting growth.
Central Bank of Sri Lanka Governor Nivard Cabraal will
leave the repurchase rate at 10.5 percent, the highest level in
Asia, according to 10 of 11 analysts surveyed by Bloomberg News.
One economist expected a 25 basis point increase. The decision
is expected on June 25 at 7.30 a.m. in Colombo.
Read more at Bloomberg Emerging Markets News
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