December policy rates on hold

Wednesday, 11 December 2013 - 14:41

December+policy+rates+on+hold
The Central Bank kept the policy rates unchanged for the month of December amid the recent pick up in the private credit and debt repayments by state owned corporations, cutting the burden on state banks and the government.

Accordingly, the repurchase and reverse repurchase rates will be kept unchanged at 6.50 percent and 8.50 percent, respectively.

The Central Bank said, in October, the credit extended to the private sector increased by Rs.27.2 billion in absolute terms.


Central Bank approved more than Rs. 60 billion working capital loans to COVID-19 affected businesses
Friday, 10 July 2020 - 23:10

The Central Bank of Sri Lanka (CBSL) approved 22,306 loans amounting to Rs. 60,250 million under the Saubagya COVID-19 renaissance facility as of 10th... Read More

Foreign reserves increase to US $ 6.7 billion
Friday, 10 July 2020 - 9:06

The Central Bank states that the country's foreign reserves have recovered in June.Foreign reserves rose to $ 6.7 billion in June from $ 6.49 billion in... Read More

Central Bank clarifies about concessions
Friday, 10 July 2020 - 7:25

The Central Bank of Sri Lanka states that the interest rate reduction has not been given to the borrowers by commercial banks.This was stated by the... Read More