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Sri Lanka’s central bank maintains interest rates at current level

COLOMBO, Nov. 24 (Xinhua) — The Central Bank of Sri Lanka said Thursday it has decided to maintain its Standing Deposit Facility Rate and Standing Lending Facility Rate at the current level of 14.50 percent and 15.50 percent, respectively.

Its Monetary Board made the decision after considering recent and expected developments related to both the domestic and global economy as well as macroeconomic projections,