The Central Bank of Sri Lanka (CBSL) has maintained policy rates in its 3rd Monetary Policy Review of 2024, aiming to keep inflation stable around 5% and encouraging lending rate reductions to boost private sector credit growth. The rupee has been appreciated by 8% YTD, with reserves rising to $5.5 billion by April 2024. #CALResearch #SriLankaEconomy #MonetaryPolicy #CBSL #economicgrowth
