Sri Lanka’s central bank recently further eased its policy stance and set a new single policy rate of 8 per cent to bolster the frangible recovery from a financial crisis.
With this, the standing deposit facility rate and the standing lending facility rate will no longer be considered policy interest rates of the central bank.
But banks can continue to use them to borrow or lend from it.
With this, the standing deposit facility rate and the standing lending facility rate will no longer be considered policy interest rates of the central bank.
But banks can continue to use them to borrow or lend from it.
