CBSL decides to keep policy interest rates unchanged

The Monetary Board of the Central Bank of Sri Lanka has decided to maintain the Fixed Deposit Facility Rate (SDFR) and the Fixed Loan Facility Rate (SLFR) of the Central Bank at 13.50% and 14.50% respectively.

The decision was taken at its meeting on May 18, 2022.

Although inflation is forecast to remain high in the near future, the Board is of the view that the significant policy measures taken by the Board at its meeting on 08 April 2022 have been combined with other measures to prevent overall demand from stabilizing.