Central Bank of Sri Lanka maintains policy interest rates at current levels

Oct 02, 2018 (LBO) – Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 01 October 2018, has decided to maintain policy interest rates at their current levels. Accordingly, the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank will remain at 7.25 percent and 8.50 percent, respectively. The Board said it arrived at the above decision after carefully considering current and expected developments in the domestic and global economy, with the aim of stabilizing inflation at mid-single digit levels in the medium term to support growth. press_20181002_Monetary_Policy_Review_No_6_2018_e