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Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) Over 77,000 people affected by adverse weather in Sri Lanka
26 Nov 2024 (10:52 PM) Six flights diverted due to bad weather at BIA
26 Nov 2024 (11:22 PM) Motorists advised as A-9 main road flooded at Omanthai
27 Nov 2024 (10:39 AM) Flood warnings issued for low-lying areas of Malwathu Oya
27 Nov 2024 (10:26 AM) Deep depression to move closer to Sri Lanka s east coast, intensify into cyclonic storm
27 Nov 2024 (9:46 AM) |
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). 
The Disaster Management Centre (DMC) says that the prevailing inclement weather conditions in the country have so far affected 77,670 persons from 22,532 families across 15 districts. 
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 A-9 main road to Jaffna has been flooded at Omanthai, prompting police to urge motorists to use alternate routes. 
The Irrigation Department has issued a flood warning for several low-lying areas of Malwathu Oya Basin, effective until 5.30 a.m. on November 29, 2024. 
The Meteorology Department says the deep depression over the southwest Bay of Bengal was located to 190 km southeast of Trincomalee at around 11-30 p.m. of November 26, 2024. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
