Sri Lanka inflation rises to 2.4% on year in June COLOMBO: Sri Lanka’s consumer price inflation rose to 2.4% year-on-year in June from 1.6% in May, official data... Published 22 Jul, 2024 03:05pm
World Sri Lanka holds rates to manage inflation, foster economic stability COLOMBO: Sri Lanka’s central bank held interest rates steady on Tuesday to ensure inflation pressures remain in... Published 28 May, 2024 11:01am
World Sri Lanka inflation to reach 5% during Q3-Q4 COLOMBO: Sri Lanka’s inflation is expected to return to the government’s 5% target starting from the last two... Published 21 Feb, 2024 01:17pm
Business & Finance Sri Lanka price hike after tax rises for IMF bailout COLOMBO: Prices spiked more than six percent in Sri Lanka last month after it hiked taxes in line with IMF... Published 01 Feb, 2024 03:10pm
World Sri Lanka expects IMF board approval of first review next month: central bank chief COLOMBO: Sri Lanka expects the International Monetary Fund to approve the first review of its bailout programme next... Published 24 Nov, 2023 03:41pm
Business & Finance Sri Lanka cuts rates to boost growth, signals pause in further easing COLOMBO: Sri Lanka’s central bank lowered interest rates on Friday in an unexpected move to boost growth but... Published 24 Nov, 2023 09:37am
Business & Finance Sri Lankan inflation rises to 1% in October COLOMBO: Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the... Published 21 Nov, 2023 02:54pm
Markets Sri Lankan shares rise as central bank cuts rates, signals rebound from crisis Sri Lankan shares rose on Thursday after the country’s central bank cut key interest rates by 250 basis points on... Published 01 Jun, 2023 12:06pm
Markets Sri Lanka cuts rates by 250 bps, signals rebound from crisis COLOMBO: Sri Lanka’s central bank cut its key interest rates by 250 basis points on Thursday as inflation eased,... Published 01 Jun, 2023 10:26am
Business & Finance Sri Lanka to relax currency band as it moves towards market-driven exchange rate COLOMBO: Sri Lanka will relax its currency band from next week, its central bank said on Friday, as part of efforts... Published 06 Mar, 2023 08:09am
Markets Sri Lanka Central Bank raises rates to 21-year high to contain inflation COLOMBO: The Central Bank of Sri Lanka (CBSL) raised its key rates by a full percentage point on Thursday to tackle... Published 07 Jul, 2022 09:41am