Monday, March 16, 2020

Central Bank eases key rates to support ailing economy amidst COVID-19 Pandemic spread

Colombo (News 1st):- The Central Bank on Monday surprisingly cut the key policy rates by 25 basis points with effect from 17 March and the Statutory Reserve Ratio (SRR) on all rupee deposit liabilities of licensed commercial banks (LCBs) by 100 basis points to support economic activity with the rapid global spread of the COVID-19 […]

Central Bank eases key rates to support ailing economy amidst COVID-19 Pandemic spread

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