Central Bank of Sri Lanka (CBSL) has announced a Special Monetary Policy Board Meeting, scheduled to be held later today (February 07).

"The public is hereby informed that this meeting will not lead to a policy interest rate decision", the CBSL said in its statement.

Monetary Policy Board of the Central Bank is charged with the formulation of monetary policy of the Central Bank and implementation of a flexible exchange rate regime in line with the flexible inflation targeting framework in order to achieve and maintain domestic price stability. The MPB shall regulate the supply, availability, and cost of money, taking into account the macroeconomic and financial condition of Sri Lanka. The MPB consists of the Governor of the Central Bank (who shall be the Chairperson of the MPB), members of the GB, two experts in Economics or Finance, Deputy Governor of the Central Bank in charge of price stability and the Deputy Governor of the Central Bank in charge of financial system stability. The Secretary to the MPB is an employee of the Central Bank is nominated by the Governor of the Central Bank.

Monetary Policy Board Members

Dr. P. Nandalal Weerasinghe - Governor, Chairman of the Monetary Policy Board

Nihal Fonseka - Appointed Member

Dr. Ravi Rathnayake - Appointed Member

Anushka Wijesinha - Appointed Member

Vish Govindasamy - Appointed Member

Dr.(Ms) Dushni Weerakoon - Dr. Priyanga Dunusinghe

Rajeev Amarasuriya - Appointed Member

Manil Jayesinghe - Appointed Member

Mrs. T. M. J. Y. P. Fernando - Senior Deputy Governor

Mrs. K. M. A. N. Daulagala - Deputy Governor