CB appoints new Deputy Governors
December, 17, 2020
The Monetary Board, with the concurrence of the Minister of Finance, has promoted Assistant Governors, T M J Y P Fernando and N W G R D Nanayakkara to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL) with effect from 14th December 2020.
T M J Y P Fernando has over 30 years of service in the Central Bank in the areas of supervision and regulation of banks, foreign exchange management and currency management. During this period, Fernando has served as the Director of Bank Supervision and the Controller of Exchange and has played a vital role in contributing to the financial system stability by providing leadership to implement a strong regulatory framework for banks in line with international standards and best practices.
BI 7-Day Reverse Repo Rate Held at 3.75%: Synergy Building Economic Recovery Optimism
12/17/2020 | 04:44am EDT
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Jam operasional Senin s.d. Jumat Pkl. 08.00 s.d 16.00 WIB Hits No. 22/87/DKom
The BI Board of Governors agreed on 16th and 17th December 2020 to hold the BI 7-Day Reverse Repo Rate at 3.75%, while also maintaining the Deposit Facility (DF) rates at 3.00% and Lending Facility (LF) rates at 4.50
%. The decision is consistent with projected low inflation and maintained external stability, coupled with efforts to support the economic recovery. Bank Indonesia has strengthened policy synergy and supports the various follow-up policies to build national economic recovery optimism through the gradual reopening of productive and safe economic sectors, accelerating fiscal stimuli, increasing bank lending on the demand and supply sides, maintaining monetary and macroprudential stimuli as well as expeditin