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文章基本信息

  • 标题:MONETARY POLICY, MONEY, CREDIT AND INTEREST RATES
  • 期刊名称:Annual Reports / Central Bank of Sri Lanka
  • 出版年度:2006
  • 卷号:1
  • 出版社:Central Bank of Sri Lanka
  • 摘要:The focus of monetary policy in 2006 was to contain high monetary expansion, without interupting the growth momentum of the economy. Hence, monetary policy was carefully tightened during the year, and the Central Bank¡¯s policy interest rates, viz; Repurchase and Reverse Repurchase rates, were raised in four steps in 2006. The excess liquidity in the banking system was also absorbed through aggressive Open Market Operations while discouraging banks from using the reverse repurchase facility to borrow funds from the Central Bank.
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