Sri Lanka Central Bank Holds Policy Rates at 7.75 Percent
Sri Lanka kept rates at 7.75% today as officials monitor energy price risks from the Middle East conflict. The bank aims for a 5% inflation target by mid-2026.
Xurve View
Xurve View
The Central Bank of Sri Lanka maintained its overnight policy rate at 7.75% on Wednesday, opting for a cautious approach as regional tensions in the Middle East pose risks to global energy prices. While domestic inflation remains low, the central bank is monitoring potential shocks that could impact the nation's fragile economic recovery.
