The Central Bank of Sri Lanka, in a statement today, said the Monetary Board had decided to increase policy interest rates, to curb inflation.
Accordingly, the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) were increased by 25 basis points each, to 7.25 per cent and 8. 75 per cent.
The changes will come into effect today.
The full monetary policy review is reproduced below: