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Central bank of Sri Lanka holds rate steady ahead of IMF review and budget decision
Sri Lanka maintains its key interest rate unchanged at 7.
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.