Sri Lanka cenbank delays policy announcement to Friday

The Central Bank of Sri Lanka (CBSL) shifted its policy rate announcement from Thursday to Friday afternoon

Uditha Jayasinghe, Reuters News

March 1, 2023

PHOTO

Sri Lanka's central bank has changed its next policy announcement date to Friday, it said in a statement on Wednesday.

The Central Bank of Sri Lanka (CBSL) shifted its policy rate announcement from Thursday to Friday afternoon but is still widely expected to keep rates unchanged for a fourth straight meeting.

Sri Lanka is struggling with its worst financial crisis in over seven decades which has triggered soaring inflation and caused the economy to contract by an estimated 9.2% in 2022. (Reporting by Uditha Jayasinghe; Editing by Kim Coghill)

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.