The Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) at their current levels of 5.00 per cent and 6.00 per cent, respectively.
The decision was taken by the Monetary Board of the Central Bank of Sri Lanka, at its meeting that was held yesterday (24).
The Board arrived at this decision after carefully considering the macroeconomic conditions and expected developments on the domestic and global fronts.
The Board noted the recent acceleration of inflation, driven mainly by supply disruptions and the surge in global commodity prices, and reiterated its commitment to maintaining inflation at the targeted levels over the medium term with appropriate measures while supporting the economy to reach its potential in the period ahead. (NewsWire)
