CBSL maintains SDFR, SLFR at current levels

TPL | Published: 9:25 AM Nov 25 2021
Business CBSL maintains SDFR, SLFR at current levels

The Monetary Board of the Central Bank of Sri Lanka yesterday (24) decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 5.00 per cent and 6.00 per cent, respectively.

The Board arrived at this decision after carefully considering the macroeconomic conditions and expected developments on the domestic and global fronts, says the CBSL in a statement.

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.

TPL | Published: 9:25 AM Nov 25 2021

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