Economists question CBSL’s move to reduce SRR rates

COLOMBO (News1st): Economists have questioned the central bank’s move to reduce the statutory reserve ratio (SRR) rates to boost the country’s economy while printing Rs 242.57 billion rupees in 2020. The central bank on Tuesday reduced SRR rates applicable to licenced commercial banks to two percent, after being flayed by President Gotabaya Rajapaksa for failing […]

Economists question CBSL’s move to reduce SRR rates