{"id":22232,"date":"2011-07-08T07:06:00","date_gmt":"2011-07-08T11:06:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?guid=72d300a733c303b6177ea99cec5be220"},"modified":"2011-07-08T07:06:00","modified_gmt":"2011-07-08T11:06:00","slug":"sri-lanka-central-bank-holds-interest-rate-at-7-00","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/07\/08\/sri-lanka-central-bank-holds-interest-rate-at-7-00\/","title":{"rendered":"Sri Lanka Central Bank Holds Interest Rate at 7.00%"},"content":{"rendered":"<p><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\">The&nbsp;<a href=\"http:\/\/www.cbsl.gov.lk\/\" style=\"color: #3778cd; text-decoration: none;\">Central Bank of Sri Lanka<\/a>&nbsp;held its benchmark repurchase rate steady at 7.00%, and also maintained the reverse repurchase rate at 8.50%, and the reserve ratio at 8%. &nbsp;The Bank said:&nbsp;&#8220;Having taken into consideration the continued decline in headline inflation as well as other macroeconomic developments, the Monetary Board decided to maintain the Bank&#8217;s policy interest rates at their current levels,&#8221;.<\/span><\/span><br \/><a name='more'><\/a><\/p>\n<div><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\">Sri Lanka&#8217;s central bank also held its key&nbsp;monetary <\/span><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><a href=\"http:\/\/www.centralbanknews.info\/2011\/06\/central-bank-of-sri-lanka-holds-repo.html\">policy rates<\/a><\/span><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\">&nbsp;unchanged at its June meeting this year. &nbsp;Sri Lanka reported an annual headline inflation rate of 7.1% in June, down slightly from 8.2% in May. &nbsp;The Bank also noted that the year to date average broad money growth in May was 17.9%, which was faster than expected, driven by strong private credit growth.<\/span><\/div>\n<div><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px;\"> <br \/><a href=\"http:\/\/www.centralbanknews.info\/\" style=\"color: #3778cd; text-decoration: none;\">www.CentralBankNews.info<\/a><\/span><\/span><\/div>\n<div class=\"blogger-post-footer\"><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-1568403188275073935?l=www.centralbanknews.info' alt='' \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The&nbsp;Central Bank of Sri Lanka&nbsp;held its benchmark repurchase rate steady at 7.00%, and also maintained the reverse repurchase rate at 8.50%, and the reserve ratio at 8%. &nbsp;The Bank said:&nbsp;&#8220;Having taken into consideration the continued &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22232","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22232"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22232\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}