The Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate and the Standing Lending Facility Rate at their current levels.
The Monetary Board of the CBSL has decided to maintain the Standing Deposit Facility Rate at the current level of 5.00 per cent.
It has further decided to maintain the Standing Lending Facility Rate at the current level of 6.00 per cent.
The Monetary Board of the Central Bank of Sri Lanka had taken the decision at its meeting held yesterday (13).
Issuing a statement, the Central Bank said the Board arrived at this decision after carefully considering the macroeconomic conditions and expected developments on the domestic and global fronts.
The bank added that the Monetary Board has 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.
CBSL Statement: CBSL – Monetary Policy Review – October 2021
(NewsWire)