By Uditha Jayasinghe

COLOMBO (Reuters) -Sri Lanka’s central bank kept its policy interest rate unchanged on Wednesday as it awaited approval of the country’s budget and the latest loan review from the International Monetary Fund.

The Central Bank of Sri Lanka (CBSL) held the overnight policy rate at 7.75%, as forecast by all 13 economists in a Reuters poll, who cited stable inflation, healthy credit growth and steady economic expansion.

The monetary authority has held the rate steady since May as Sri Lanka continues its recovery from a 2022 financial crisis brought about by a collapse in foreign currency reserves.

“Leading economic indicators suggest a continuation of the growth momentum,” CBSL said in a statement. “Credit to the private sector has recorded a notable and broad-based ex

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