The Monetary Board of the Central Bank of Sri Lanka, which met yesterday, has decided to lower the Central Bank’s Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) by 250 basis points.

Accordingly, the reduced interest rates are as follows.

Standing Deposit Facility Rate (SDFR) up to 13.50%

Standing Lending Facility Rate (SLFR) up to 14.00%