The Central Bank of Sri Lanka announced that it has decided to maintain its current monetary policy stance following the Monetary Policy Board meeting held on March 24.
According to the statement, the Board agreed to keep the Overnight Policy Rate (OPR) unchanged at 7.75 percent. The decision reflects the Bank’s assessment of prevailing economic conditions and its efforts to ensure continued price stability and sustainable economic growth.
The Central Bank noted that maintaining the existing policy rate is consistent with its medium-term objectives, as inflation remains under control and economic activity continues to stabilize.
