neutral
Central bank of Sri Lanka holds rate steady ahead of IMF review and budget decision
The Central Bank of Sri Lanka kept its policy rate unchanged at 7.75% today, citing stable inflation and moderate credit growth. The decision precedes a key budget vote and a pending IMF tranche review under the country’s broader $2.9 billion bailout program. Monetary authorities flagged downside risks from global economic headwinds and currency volatility but emphasized their commitment to macroeconomic stability.
Tags:
- economy
- sri lanka
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
neutral
Central bank of Sri Lanka holds rate steady ahead of IMF review and budget decision
The Central Bank of Sri Lanka kept its policy rate unchanged at 7.75% today, citing stable inflation and moderate credit growth. The decision precedes a key budget vote and a pending IMF tranche review under the country’s broader $2.9 billion bailout program. Monetary authorities flagged downside risks from global economic headwinds and currency volatility but emphasized their commitment to macroeconomic stability.
Tags:
- economy
- sri lanka
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
1 min read
61 words
Sri Lanka maintains its key interest rate unchanged at 7.75%, balancing inflation stability and IMF-review dynamics while preparing for upcoming budget approval.
The Central Bank of Sri Lanka kept its policy rate unchanged at 7.75% today, citing stable inflation and moderate credit growth. The decision precedes a key budget vote and a pending IMF tranche review under the country’s broader $2.9 billion bailout program. Monetary authorities flagged downside risks from global economic headwinds and currency volatility but emphasized their commitment to macroeconomic stability.
The Central Bank of Sri Lanka kept its policy rate unchanged at 7.75% today, citing stable inflation and moderate credit growth. The decision precedes a key budget vote and a pending IMF tranche review under the country’s broader $2.9 billion bailout program. Monetary authorities flagged downside risks from global economic headwinds and currency volatility but emphasized their commitment to macroeconomic stability.
Tags:
- economy
- sri lanka
- economy
- sri lanka
- monetary policy
- central bank