Central Bank of Sri Lanka Maintains the policy Interest Rates

After reviewing recent and anticipated macroeconomic developments, the Board made this decision during their meeting on 26th September. The aim is to ensure that inflation complies with the 5% target in the medium term, while also promoting the economy's potential for growth.

The CBSL noted that inflation is expected to stay well below the 5% target in the coming quarters, with the possibility of deflation due to changes in administratively controlled prices and improved supply conditions.