The Central Bank of Sri Lanka has decided to maintain its policy interest rates unchanged this month.
Accordingly, the CBSL’s repurchase and reverse repurchase rates will remain at 6.5 and 8.5 percent respectively. Speaking exclusively to Newsfirst, CBSL Governor Ajith Nivard Cabraal, said that the policy interest rates are now at an ideal level.
Explaining the CBSL’s decision on maintaining interest rates unchanged, Central Bank Governor Ajith Nivard Cabraal, said that given low inflation forecasts and in order to stimulate rapid economic growth, the policy interest rates which were reduced on several occasions in the recent past, would be maintained at a low level.

• Pakistan was headed to Sri Lanka’s ‘default-like situation’ but crisis averted — finance minister
• Bangladesh minister warns against China’s BRI lending, cites Sri Lanka’s example
• 66 Dengue High Risk Zones in Sri Lanka, over 48,000 Dengue cases this year
• USNS Charles Drew in Indian port for repairs.
• Presidential vote: Three MPs allege they were threatened