Sri Lanka, Indonesia take different tacks despite common imbalances

bank-indonesia
Bank Indonesia

Two Asian central banks grappling with large external imbalances headed down different policy paths this week, offering a hint of how monetary authorities in the region are preparing for the Federal Reserve's interest rate increase expected later this year.

The Central Bank of Sri Lanka today cut its standing lending facility rate and its money market repo rate by 50 basis points to 7.5% and 6% respectively following a drop in inflation to 0.1% in March.

The move followed Bank Indonesia's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.