CBSL raises interest rates

Date:

The Monetary Board of the Central Bank of Sri Lanka has decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points to 5.50% and 6.50% respectively.

Meanwhile, the bank rate will automatically rise to 9.50 percent, adjusting with the regular credit facility rate.

However, the Monetary Board has decided to maintain the statutory reserve ratio at the current level of 4.00%.

This decision by the Central Bank is known as the “Compression Monetary Policy”.

Share post:

spot_imgspot_img

Popular

More like this
Related

SLBFE Marks 40 Years with Commemorative Stamp, Reaffirms Commitment to Migrant Workers

SLBFE Marks 40 Years with Commemorative Stamp, Reaffirms Commitment to Migrant Workers

Deputy Minister Issues Legal Notice Over Alleged Defamatory YouTube Claims

Deputy Minister Issues Legal Notice Over Alleged Defamatory YouTube Claims

‘Amber’ Alert Issued for Strong Winds Across Several Sri Lankan Provinces

‘Amber’ Alert Issued for Strong Winds Across Several Sri Lankan Provinces

Jaffna Ranked Among World’s Top 25 Travel Destinations for 2026 by Lonely Planet

Jaffna Ranked Among World’s Top 25 Travel Destinations for 2026 by Lonely Planet