Sri Lanka, Sept. 24 -- The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 7.75%, following its latest Monetary Policy Board meeting held yesterday (23).
The decision comes as the Board assessed both domestic and global conditions, noting that the current policy stance remains consistent with steering inflation towards the 5% target, the CBSL said.
Headline inflation based on the Colombo Consumer Price Index (CCPI) turned positive in August 2025, ending eleven months of deflation. Inflation is projected to gradually increase towards the target of 5% by mid-2026.
Reflecting strengthening domestic demand, core inflation is also expected to pickup, and stabilise thereafter around the headline in...
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