The Central Bank of Sri Lanka (CBSL) has decided to further tighten the Monetary Policy Stance by increasing the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 100 basis points.
Accordingly, the Monetary Board has decided to increase the SDFR by 6.50% and the SLFR by 7.50%.
After carefully considering the current and expected macroeconomic developments both globally and domestically, the Monetary Board of the Central Bank of Sri Lanka, during its meeting convened on March 3 has decided to reinforce its stance adopted in January 2022.
Friday, March 4, 2022 – 11:40