This is a good signal by the central bank to control credit, as it's further fueling inflation.
More Quotes from Hasitha Premaratne:
An increase in domestic fuel prices will be inflationary and controls will have to come through rates. But the central bank will likely hold back this month to let the effects of its previous rate hikes materialize.Hasitha Premaratne
With inflation slowing, the focus now is to keep rates steady for growth.
Hasitha Premaratne
What is important from an investment angle is to look at the continuation of the peace process and further strengthening of it.
Hasitha Premaratne
This could easily affect the result. The relief measures, especially for agriculture, can be used as an election platform in the remaining campaign rallies.
Hasitha Premaratne
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