October 14, 2013 / 9:59 AM / 6 years ago

POLL-Sri Lanka c.bank seen keeping rates steady on Tuesday

* Policy decision due Tuesday, Oct. 15 at 7:30 am (0200 GMT
    * Central bank has cut policy rates 75 bps since December

    COLOMBO, Oct 14 (Reuters) - Sri Lanka's central bank is
expected to keep its key monetary policy rates steady on
Tuesday, a Reuters poll showed, after lowering them by 75 basis
points since December. 
    The central bank reduced commercial banks' statutory reserve
ratio by two percentage points from July 1, and cut its main
policy interest rates by 50 basis points (bps) in May and 25 bps
in December. 
    The island nation's central bank governor has said the
monetary policy stance for 2013 would lean more towards easing
than tightening., 
    Following are the poll's forecasts for where rates will be
after Tuesday's announcement:      
                    Repo     Reverse repo    SRR
                  (in pct)    (in pct)     (in pct)    
Median              7.00         9.00       6.00
Average             6.95         8.95       6.00  
Minimum             6.75         8.75       6.00
Maximum             7.00         9.00       6.00   
Rates in Sept       7.00         9.00       8.00
No. of analysts       11           11         11
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 (Reporting by Ranga Sirilal and Shihar Aneez; Editing by
Jacqueline Wong)
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