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Prior to Thursday’s decision, the country’s central bank had raised interest rates by 850 basis points since the beginning of the year, even as its economy contracted in the first quarter ...
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 23 November 2023, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate ...
COLOMBO: The Central Bank of Sri Lanka reduced its interest rates on Thursday for the first time since the island nation declared bankruptcy after stern fiscal controls, improved foreign currency ...
Sri Lanka's Central Bank Reduces Interest Rates By 200 Points To Ease Pressures On Financial Markets
A statement from the Central Bank of Sri Lanka said the deposit facility rate and the lending facility rates were reduced by 200 basis points to 11 and 12 per cent.
The Central Bank of Sri Lanka (CBSL) cut its standing deposit facility rate and standing lending facility rate by 250 basis points – to 13 percent and 14 percent, respectively, from 15.5 percent ...
The Central Bank of Sri Lanka (CBSL) reduced the Standing Deposit Facility Rate to 8.50 percent and the Standing Lending Facility Rate to 9.50 percent, it said in a statement, Reuters reported.. The ...
The Monetary Board of the Central Bank of Sri Lanka (CBSL), at its meeting held on March 3 (today) decided to raise the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate ...
The Central Bank of Sri Lanka in November cut rates unexpectedly, taking total rate cuts since June to 650 basis points, and said it would suspend its monetary policy easing in the medium term.
Sri Lanka's central bank is expected to renew easing of interest rates on Wednesday, with a reduction of a quarter percentage point, as it looks to boost economic growth during the island nation's ...
COLOMBO :Sri Lanka kept its key interest rates unchanged in a surprise move on Thursday but announced caps on lending rates in some segments to ensure policy loosening done so far filters through ...
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