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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2018/02/14

CB seen keeping policy rates steady; rate cut not ruled out

Central bank is expected to keep key interest rates unchanged on Thursday, a Reuters poll showed, but a surprise rate cut is not ruled out to quash uncertainty after coalition partners in the country’s government suffered a loss in local polls.  Eleven of 13 economists in the survey predicted the central bank would keep its standing deposit facility rate (SDFR) and standing lending facility rate (SLFR) unchanged at 7.25% and 8.75%, respectively. One analyst predicted a 0.25 basis point cut in both SDFR and SLFR, while another expected a 0.25 increase in the SLFR. All forecast the statutory reserve ratio (SRR) to stay at 7.50%.

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