CBSL reduces Policy Interest Rates

CBSL reduces Policy Interest Rates

CBSL reduces Policy Interest Rates

Written by Staff Writer

23 Aug, 2019 | 11:01 am

Colombo (News 1st): The Central Bank of Sri Lanka has reduced its Policy Interest Rates.  The Central Bank of Sri Lanka (CBSL) announced that the decision was reached after the Monetary Board met yesterday (August 22).

Accordingly, the Standing Lending Facility Rate (SLFR) of the Central Bank has been reduced from 9% to 8%, while the Standing Deposit Facility Rate (SDFR) has been reduced to 7% from 8%. However, no change has been made to the CBSL’s Statutory Reserve Ratio (SRR).

Read More: Monetary Policy Review: The Central Bank of Sri Lanka Reduces its Policy Interest Rates

 

Latest News

Are you interested in advertising on our website or video channel
Please contact us at [email protected]