Sri Lanka holds rates steady
Measures introduced by the Central Bank of Sri Lanka to ease credit conditions were beginning to work their way through markets, it said on Tuesday. Inflation had remained at around 1% during the four months up to September 2009 and the central bank added that it would be "subdued" in coming months.
The reverse repo and repo rates were maintained at the levels set in September of 10.5% and 8%, respectively.
Benchmark yield rates on Treasury bills had "declined significantly by around 800 - 865
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