Central Bank reduces two policy rates

23 August 2019 10:23 am - 2     - {{hitsCtrl.values.hits}}


The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on Thursday, had decided to reduce two of its policy rates.

Accordingly, the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) were reduced by 50 basis points to 7.00 per cent and 8.00 per cent respectively.



  Comments - 2

  • verification Friday, 23 August 2019 12:29 PM

    Is it "Police Rates" or "Policy Rates" ? Refer your first sentence.

    Senior citizen Friday, 23 August 2019 02:43 PM

    Cost of living rising by the day and senior citizens cannot afford to meet their expenses.... Time to increase interest rates for senior members.

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