Sri Lanka’s Central Bank (CB) on Friday decided to maintain interest rates at current levels.
The follows a meeting of its Monetary Board on Thursday where it was decided to maintain policy interest rates at current levels or the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) at 7.25 per cent and 8.50 per cent, respectively.
“The Board’s decision is consistent with stabilising inflation at mid-single digit levels in the medium term, thereby contributing to a favourable growth outlook for the Sri Lankan economy,” the CB said in a statement. -ENDS -
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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