Tag: Central Bank of Sri Lanka reduces its policy interest rates by 50 basis points

Central-Bank

Central Bank of Sri Lanka reduces its policy interest rates by 50 basis points

Jan 30, 2020 (LBO) – Monetary Board of the Central Bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 50 basis points to 6.50 percent and 7.50 percent, respectively. Statutory Reserve Ratio (SRR), however, will remain unchanged at 5.00 percent. The board said they arrived […]