Central Bank further reduces policy rates

COLOMBO (News1st) : The Central Bank has further reduced policy rates to support economic activity. Accordingly, the Standing Deposit Facility Rate and the Standing Lending Facility Rate has been reduced by 50 basis points to 5.50 per cent and 6.50 per cent, respectively, effective from the close of business today. The Statutory Reserve Ratio remains […]

Central Bank further reduces policy rates