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Exclusive - Sri Lanka central bank sees no need for further rate hikes this year, governor says

Published on: Tuesday 11 August 2026

Exclusive - Sri Lanka central bank sees no need for further rate hikes this year, governor says By Uditha Jayasinghe COLOMBO, Aug 11 - Sri Lanka's central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels before easing back towards the 5% target next year, Governor P. Nandalal Weerasinghe told Reuters on Tuesday. Sri Lanka's central bank surprised the markets with a 100 basis-point hike


News source: https://www.msn.com/en-us/money/markets/exclusive-sri-lanka-central-bank-sees-no-need-for-further-rate-hikes-this-year-governor-says/ar-AA29Qe3k

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