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.