- Last Update 2025-06-21 10:03:00
Central Bank’s Monetary Review Policy limited to 6 times a year
The Central Bank’s Monetary Review Policy, which has traditionally been held by the then Monetary Board every month followed by an announcement to the market, will henceforth be announced only six times a year, on a bi-monthly basis.
In a statement on Wednesday, the banking regulator said the number of monetary policy reviews during a year will be reduced to six from 2024, facilitating the requirement under the CBA for the Monetary Policy Board to meet at least once in two months.
The Monetary Policy which serves as an important guideline on interest rate fluctuations is keenly awaited by the market,
The Central Bank said it is also considering moving towards a single policy interest rate mechanism, instead of the existing dual policy interest rates, to improve the monetary policy transmission and signalling effect of the monetary policy stance.
The bank normally announces the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR).
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- June 12, 2025 - 458 - 0
Badminton: World No.2 ranked Anders to play exhibition match against Viren at MBA Courts on Friday
An exhibition badminton match between Sri Lanka’s youngest Olympian shuttler, Viren Nettasinghe, and Anders Antonsen, the World No.2 ranked in Men’s Singles, will take place at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday (13).
- June 11, 2025 - 167 - 0
Customs seize Rs. 119 Mn worth of cigarettes and whisky hidden in furniture shipment
In a major detection at the Ceylon Shipping Lines (CSL) warehouse in Colombo 09, Sri Lanka Customs officers uncovered a large consignment of contraband cigarettes and whisky concealed within a shipment declared as household furniture and personal goods.
- June 12, 2025 - 153 - 0
Sri Lanka condoles with families of victims of Air India crash
Sri Lanka shared its condolences with bereaved family members of the victims of the Air crash in India today.
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