Sri Lanka Central Bank keeps policy rates steady at record lows
Sri Lanka’s Central Bank kept key policy rates steady at record lows for an 12th straight month on Tuesday, as expected, and said inflation was expected to ease further.
The Central Bank also kept a 5 percent lower repo penalty rate paid to banks that use the standing deposit facility more than three times a month, to boost credit growth by reducing the banks deposits into the central bank.
It left the standing deposit facility rate (SDFR) and the standing lending facility rate (SLFR) unchanged at 6.50 percent and 8.00 percent, respectively. The commercial banks’ statutory reserve ratio was unchanged at 6.00 percent.
The bank said inflation would be curbed by the fall in fuel prices, and an expected reduction in the administered prices of other key commodities.
(Reuters)
Latest Headlines in Sri Lanka
- Sri Lanka to launch national review on social media’s impact on children January 30, 2026
- Sri Lanka, Saudi Arabia move to boost industrial cooperation January 30, 2026
- Johnston Fernando, two sons and others further remanded until February 13, 2026 January 30, 2026
- Sri Lanka raises daily wage of plantation workers to Rs. 1,750 January 30, 2026
- Sri Lanka expands Internal Affairs Units to 250 more state institutions January 30, 2026
