The strong points of monetary policy. Interest rates rise

The second monetary policy review tomorrow, for the year 2017 (24), the Central Bank has announced that the published 7.30.

Financial sector sources that are expected to be tougher monetary policy review. The industry believes that Masters can expect increased interest rates.

The  Lee headed to the International Monetary Fund Mission organized by the period from 07 March to 21 February 2017 was that the end of visit to Sri Lanka to monitor carefully the Central Bank on inflation pressures, inflation or credit growth does not happen to adjust if monetary policy to raise the Central Bank of the IMF mission will be to encourage that.

So people could be expected this year and strong policy with the objective of financial control and credit growth as a mechanism to control inflation through reports by the Department of Statistics of the National Consumer Price Index published as high as 8.2 percent inflation in February 2017.

And yesterday (22) at the treasury bill auction themselves not interest rates increase recorded between the previous 91 bills interest to 9.47% from 9.57% and in 182 bills Interest 10.39% from 10.46% up to, 364 bills Interest 10.74% to 10.82% the increase was up.

Sources in the market said the situation is the policy interest rate by 50 basis points each, to increase the monetary policy review tomorrow through is likely to have.