No need to raise interest rates seek IMF funding: CB Governor

Governor_of_the_Central_Bank_Arjuna_Mahendran

No need to raise interest rates, seek IMF funding: CB Governor

Nov 24, 2015 (LBO) – Sri Lanka has no need to raise interest rates at the moment given the loose monetary policy being followed in regional countries such as India, Central Bank Governor Arjun Mahendran said.He was speaking at a post-budget forum organized by HSBC. Although credit growth to the private sector was high it […]