SriLanka, May 26 -- The Monetary Policy Board, at its meeting held yesterday, decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%.
Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR), which are linked to OPR with predetermined margins of 50 bps, are also increased to 8.25% and 9.25%, respectively.
The Board said they arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts.
Full Statement - Monetary Policy Review: No. 03 - May 2026
The Monetary Policy Board, at its meeting held yesterday, decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%.1 The Board arrived at this decision after carefully considering t...