Sri Lanka Interest Rate


The Central Bank of Sri Lanka raised the its benchmark interest rate by 25 bps to 7.25 percent at its March 2017 meeting. It was the first adjustment in base rate since June 2016 due to strengthening expectations for higher inflation. Policymakers said tightening of monetary policy is necessary as a precautionary measure, in order to contain the build-up of adverse inflation expectations and the possible acceleration of demand side inflationary pressures through excessive monetary and credit expansion. The central bank also higher its lending facility rate to 8.75 percent from 8.50 percent. Interest Rate in Sri Lanka averaged 7.89 percent from 2003 until 2017, reaching an all time high of 10.50 percent in February of 2007 and a record low of 6 percent in April of 2015.


Sri Lanka Interest Rate

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In Sri Lanka, interest rates decisions are taken by The Central Bank of Sri Lanka. The official interest rates are the Standing Deposit Facility (SDF) Rate and the Standing Lending Facility (SDFR) Rate. This page provides – Sri Lanka Interest Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Interest Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.