Central Bank of Sri Lanka decides to maintain SDFR & SLFR rates at current levels
Posted by Editor on May 19, 2022 - 9:50 am
The Monetary Board of the Central Bank of Sri Lanka has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at the current levels of 13.50 percent and 14.50 percent, respectively.
The decision was taken at its meeting held on 18 May 2022.
The Board is of the view that although inflation is projected to remain elevated in the near term, the substantial policy measures taken by the Board, at its meeting held on 08 April 2022, combined with the other measures to stem the firming up of aggregated demand pressures, are expected to contain any further build-up of inflation expectations and ease inflationary pressures in the period ahead.
Latest Headlines in Sri Lanka
- NPP MP Harshana Suriyapperuma resigns from Parliament June 20, 2025
- Chamithri Rambukwella released after meeting bail conditions June 20, 2025
- COPA uncovers Rs. 2.9 Billion road scam in North Central Province June 20, 2025
- Murder convicts freed in Sri Lanka under misused Presidential pardon June 20, 2025
- Sri Lanka deports 85 Chinese nationals convicted of cyber and other offences June 20, 2025
