CBSL Maintains Overnight Policy Interest Rate at 8%

According a statement from the Central Bank, the decision was reached after a thorough assessment of both current and projected domestic and global macroeconomic conditions. The Monetary Policy Board emphasized that this move aligns with the goal of supporting the economy's recovery and helping it reach its maximum capacity.

Furthermore, the Central Bank highlighted that the maintenance of the 8% rate is aimed at ensuring medium-term inflation gradually approaches the target rate of 5%. The decision reflects the Central Bank's ongoing efforts to stabilize the economy and foster sustainable growth while keeping inflation within manageable levels.

This move is expected to continue providing a stable financial environment for businesses and households in Sri Lanka as the country works toward economic stability in the coming months.