The Central Bank of Sri Lanka Keeps the Overnight Policy Rate (OPR) Unchanged | Central Bank of Sri Lanka

Sri Lanka CB keeps key policy rate steady amid depreciation pressure, lower inflation

ECONOMYNEXT – Sri Lanka Central Bank kept its Overnight Policy Rate (OPR) unchanged at the current level of 7.75%, it said in a statement citing it considered evolving developments and outlook on the domestic and global fronts, with particular attention to uncertainties arising from the ongoing Middle East conflict. “The sharp increase in global energy prices and trade disruptions amidst heightened uncertainty due to the escalation of geopolitic…

The Central Bank of Sri Lanka keeps the Overnight Policy Rate (OPR) unchanged | Central Bank of Sri Lanka

The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75%. The Board arrived at this decision after carefully considering evolving developments and outlook on the domestic and global fronts, with particular attention to uncertainties arising from the ongoing Middle East conflict. The sharp increase in global energy prices and trade disruptions amidst heightened unc…