CB releases new book "Interest Rates, The Theory and Practice"

The Central Bank released its latest educational publication titled "Interest Rates The Theory and Practice," authored by Assistant Governor of the Central Bank, Dr. W M Hemachandra.

The book had been written to provide a theoretical background to interest rates and present an analysis on the practical application of interest rates in the context of Sri Lanka, aiming at a readership of university students, academics, analysts, researchers and policy makers. Additionally, the publication could be used as a hand book, containing a complete set of information related to interest rates for GCE (A/L) students and also to their teachers.

The Central Bank uses various publications and programmes to improve the economic and financial knowledge of the public and this book is another publication for this objective. Therefore, this book which would help improve the theoretical and practical knowledge in economics and finance of a large number of people, is a national educational service of the Central Bank.

The publication would be available for sale at the Central Bank's Publications sales outlet at Center for Banking Studies in Rajagiriya and Provincial Offices.