Central Bank Reduced The Standing Deposit Facility And Standing Lending Facility Rates

 The Monetary Board of the  Central Bank Of Sri Lanka (CBSL) which met yesterday (31) had decided to reduce the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) by 250 basis points to 13 percent and 15 percent respectively .

 

Accordingly the Standing Deposit Facility has been reduced to 13 percent and the Standing Lending Facility has been reduced to 14 percent the Central Bank had announced..The inflation rate in the country will be going down further in future the Bank had estimated ,