- Last Update 2024-07-01 19:39:00
SL's Central Bank says interest rates unchanged
Sri Lanka’s Central Bank (CB), contrary to expectations in some business circles, kept interest rates unchanged on Tuesday after a meeting of the Monetary Board on Monday. “The Monetary Board, at its meeting held on 19 October 2015, was of the view that the current monetary policy stance of the Central Bank is appropriate. Accordingly, the Monetary Board decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank unchanged at 6.00 per cent and 7.50 per cent,” the CB said in a public announcement. It said headline inflation, on a year-on-year basis, declined further to -0.3 per cent in September 2015 from -0.2 per cent recorded during the months of July and August 2015. On an annual average basis, headline inflation continued its moderation, recording 0.7 per cent in September 2015 in comparison to 1.0 per cent in the previous month. - ENDS -
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- June 29, 2024 - 856 - 0
Israeli Tourist found safe after three-day search in Trincomalee
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
- June 28, 2024 - 314 - 0
Former MP Hirunika Premachandra sentenced to three years RI
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
- June 26, 2024 - 190 - 0
All bilateral loans postponed until 2028; President
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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