RBZ presents Mid-Term Monetary Policy statement zwnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zwnews.com Daily Mail and Mail on Sunday newspapers.
Reset on home loan and other floating rate loans to be made more transparent. This measure would not make interest rates beneficial for you, but you would have more rights as a customer.
COLOMBO (Reuters) -Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country's central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday. Weerasinghe said he would like to see private sector interest rates come down further and at a faster pace, adding that the domestic debt restructuring is the most important focus for the debt-laden country in the near-term. "Given the downward inflation trajectory we see room to further loosen policy rates."
MARKET WRAPS Stocks: Stocks in Europe struggled on Monday at the start of a busy week of central bank meetings and corporate earnings and after data showed business activity in the eurozone.
European Midday Briefing: Disappointing PMIs Add to Economic Gloom morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.