📉 Monetary Policy Update: Sri Lanka 🇱🇰 Reduces Policy Rates

⭕ Central Bank of Sri Lanka slashes policy interest rates by 25 basis points.

⭕ Standing Deposit Facility Rate (SDFR): 8.25%

⭕ Standing Lending Facility Rate (SLFR): 9.25%

⭕ Statutory Reserve Ratio (SRR): 2.00%

⭕ The Central Bank intends to increase the money supply to the economy by lowering lending rates and making holding money less attractive.

#SriLanka #Economy