Sri Lanka holds rates on stable growth outlook


The Central Bank of Sri Lanka on January 11 left interest rates unchanged after strong growth figures reinforced the economy's positive outlook in 2012.

In its Monetary Policy Review, the central bank said the Sri Lankan economy grew by 8.4%, at an annualised rate, in the third quarter of 2011, compared with the corresponding period of 2010. The report said agriculture, industry and services contributed towards the strong growth performance. It said significant structural reforms in the Sri

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