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Country Focus Economy Economy & Banking

Central Bank of Sri Lanka keeps its Overnight Policy Rate at 8.75 per cent

The Monetary Policy Board of the Central Bank of Sri Lanka decided to maintain the Overnight Policy Rate (OPR) at the current level of 8.75%.
The decision was announced in Monetary Policy Review No. 5 of 2026, published on 30 September 2026.
Headline inflation stood at 8.0% (year-on-year) in August 2026.
The Central Bank said headline inflation is projected to remain in high single digits through Q1-2027, before easing towards the 5% target.
The Overnight Policy Rate is Sri Lanka's single policy interest rate.

Overnight Policy Rate: 8.75% Decision: Maintained at the current level Review: Monetary Policy Review No. 5 of 2026 Headline inflation in August 2026: 8.0%
Why it matters for exams: The Overnight Policy Rate is Sri Lanka's equivalent of the repo rate, and a hold at 8.75 per cent is the figure most often asked.
Kerala PSCUPSC
30 September 2026 Source: Central Bank of Sri Lanka

In plain words

OPR Overnight Policy Rate — The single policy interest rate through which the Central Bank of Sri Lanka signals its stance.

Monetary Policy Board The Central Bank of Sri Lanka's rate-setting body — It decides the policy rate, as the Monetary Policy Committee does in India.

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