The Central Bank of Sri Lanka (CBSL) has observed that certain remarks made by the Governor of the CBSL during a recent media interview have been misinterpreted and subsequently reported by several print and electronic media outlets.
The CBSL wishes to clarify that, as communicated by the Governor at the latest Monetary Policy Review in July 2026, the current monetary policy stance was assessed to be appropriate in light of prevailing and anticipated global and domestic economic conditions.
The CBSL conducts monetary policy in a forward looking and data driven manner. Accordingly, decision on whether to increase, decrease, or maintain policy interest rates is made at each monetary policy review, taking into account the latest available economic data, forecasts, and risk assessments.
The Governor's remarks were intended to convey this established policy framework. They did not constitute any commitment or indication regarding the future path or level of policy interest rates.
Video link: https://youtu.be/Y5wsAgiBlWI
