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CBSL chooses to preserve existing plan rate of interest

The Monetary Board of the Reserve Bank of Sri Lanka (CBSL) has actually determined to preserve the Standing Down payment Center Price (SDFR) and also the Standing Loaning Center Price (SLFR) at their existing degrees of 5.00% and also 6.00% specifically.

This was determined after taking into consideration the macroeconomic problems and also anticipated growths on the residential and also worldwide fronts, along with the current velocity of rising cost of living, driven mostly by supply interruptions and also the rise in worldwide product costs, and also restated its dedication to keeping rising cost of living at the targeted degrees over the tool term with ideal steps, while sustaining the economic situation to reach its capacity in the duration in advance, the CBSL states in a news release.

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