Sri Lanka Interest Rate

The benchmark interest rate in Sri Lanka was last recorded at 6.50 percent. Interest Rate in Sri Lanka is reported by the Central Bank of Sri Lanka. Interest Rate in Sri Lanka averaged 8.28 Percent from 2003 until 2014, reaching an all time high of 10.50 Percent in January of 2009 and a record low of 6.50 Percent in October of 2013. In Sri Lanka, interest rates decisions are taken by The Central Bank of Sri Lanka. The official interest rates are the Standing Deposit Facility (SDF) Rate and the Standing Lending Facility (SDFR) Rate. This page provides - Sri Lanka Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.50 6.50 10.50 6.50 6.50 | 2014/04 2003 - 2014 Percent Monthly

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Sri Lanka Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-09-17 03:00 AM Sri Lanka
Interest Rate Decision
7.0% 7.0% 7%
2013-10-15 03:00 AM Sri Lanka
Interest Rate Decision
6.5% 7.0% 6.75%
2013-11-11 02:00 AM Sri Lanka
Interest Rate Decision
6.5% 6.5% 6.5%
2013-12-09 01:30 AM Sri Lanka
Interest Rate Decision
6.5% 6.5% 6.5%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 6.50 2014-03-21 6.50 10.50 6.50 6.50 2014-04-30 Percent [+]
Foreign Exchange Reserves 942726.60 2013-12-31 902635.90 942726.60 437.10 921465.46 2013-12-31 LKR Million [+]
Interbank Rate 8.56 2013-10-15 8.60 21.30 6.97 8.50 2013-11-30 Percent [+]
Money Supply M0 339771.00 2013-12-31 323728.00 339771.00 602.00 319697.32 2013-10-31 LKR Million [+]
Money Supply M1 480900.00 2014-01-31 484600.00 484600.00 6091.00 479921.60 2014-02-28 LKR Million [+]
Money Supply M2 3094600.00 2014-01-31 3058800.00 3094600.00 11297.00 3037228.40 2014-02-28 LKR Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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Gross National Product in Sri Lanka increased to 8438960 LKR Million in 2013 from 7423623 LKR Million in 2012. Gross National Product in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Housing Approvals at 2514.00  
Housing Index in Sri Lanka decreased to 2514 in the second quarter of 2013 from 2659 in the first quarter of 2013. Housing Index in Sri Lanka is reported by the Central Bank Of Sri Lanka.
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Interbank Rate in Sri Lanka decreased to 8.56 percent in October of 2013 from 8.60 percent in September of 2013. Interbank Rate in Sri Lanka is reported by the Central Bank of Sri Lanka.
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Labor Force Participation Rate in Sri Lanka decreased to 53 percent in the fourth quarter of 2013 from 53.80 percent in the third quarter of 2013. Labor Force Participation Rate in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Money Supply M0 at 339771.00 LKR Million  
Money Supply M0 in Sri Lanka increased to 339771 LKR Million in December of 2013 from 323728 LKR Million in November of 2013. Money Supply M0 in Sri Lanka is reported by the Central Bank of Sri Lanka.
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Personal Savings in Sri Lanka increased to 20 percent in 2013 from 16.90 percent in 2012. Personal Savings in Sri Lanka is reported by the Central Bank of Sri Lanka.
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Producer Prices in Sri Lanka increased to 4867.90 Index Points in 2013 from 4457.30 Index Points in 2012. Producer Prices in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Terms of Trade at 106.40 Index Points  
Terms of Trade in Sri Lanka decreased to 106.40 Index Points in December of 2013 from 111.30 Index Points in November of 2013. Terms of Trade in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Tourist Arrivals at 1274593.00  
Tourist Arrivals in Sri Lanka increased to 1274593 in 2013 from 1005605 in 2012. Tourist Arrivals in Sri Lanka is reported by the Ceylon Tourist Board.
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