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CBSL introduces Overnight Policy Rate; further eases monetary policy stance
27 Nov 2024 (10:04 AM) Israel and Lebanon s Hezbollah start a ceasefire after nearly 14 months of fighting
27 Nov 2024 (10:52 AM) Six flights diverted due to bad weather at BIA
26 Nov 2024 (11:22 PM) Train services impacted due to adverse weather
27 Nov 2024 (12:57 PM) Special police hotline for Tamil-speaking people amid adverse weather
27 Nov 2024 (12:49 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) |
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to further ease the monetary policy stance and set the newly introduced Overnight Policy Rate (OPR) at 8.00 per cent. 
The ceasefire between Israel and Lebanon s Hezbollah militants began early Wednesday as a region on edge wondered whether it will hold. 
A total of six flights scheduled to land at the Bandaranaike International Airport (BIA) in Katunayake have been diverted to the Mattala Airport and the Thiruvananthapuram International Airport in India due to adverse weather conditions. 
The trains operating along the up-country and Batticaloa railway lines have been limited due to the prevailing adverse weather conditions, the Railway Department said. 
Sri Lanka Police has established a special hotline, 107 , dedicated for Tamil-speaking individuals to report or seek assistance regarding the prevailing adverse weather conditions, according to Police Spokesman DIG Nihal Thalduwa.
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
