Sri Lanka central bank holds rates on tariff uncertainty

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COLOMBO :Sri Lanka's central bank held its benchmark interest rate steady at 7.75 per cent on Wednesday, pausing after May's surprise cut, to monitor the impact of U.S. tariffs and the effects of earlier monetary easing on the economy. The decision was widely expected, with most analysts in a Reuters poll predicting a hold amid stable inflation and a steady economic recovery. "The Board is of the view that the current monetary policy stance will help steer inflation towards the target of 5 per

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Sri Lanka central bank holds rates on tariff uncertainty https://www.channelnewsasia.com/ - 23.07.2025 06:39

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Sri Lanka central bank holds rates on tariff uncertainty https://www.channelnewsasia.com/ - 23.07.2025 06:39