CBSL keeps OPR unchanged; Gross Official Reserves at USD 6.45 bn at end June

The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts. Renewed tensions in the Middle East have resulted in a surge in […]