Sri -Lanka holds rates


Sri Lanka left interest rates unchanged for a third month in a bid to support economic growth while restraining consumer-price increases.

The Central Bank of Sri Lanka kept its reverse repurchase rate at 9.5 percent and therepurchase rate at 7.5 percent, it said in a statement in Colombo today. Ten of 11 economists in a Bloomberg News survey predicted no change. One forecast a 0.25 percentage point reduction in both benchmarks.

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