Sri Lanka eases monetary policy, sets new single benchmark rate COLOMBO: Sri Lanka’s central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below... Published 27 Nov, 2024 10:32am
Business & Finance Sustaining reforms critical for Sri Lanka: IMF COLOMBO: Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International... Published 04 Oct, 2024 12:40pm
Business & Finance Sri Lanka holds rates steady, sees rosy inflation, growth outlook COLOMBO: Sri Lanka’s central bank kept interest rates unchanged on Friday in line with expectations, citing domestic... Published 27 Sep, 2024 01:58pm
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
Markets Sri Lanka central bank likely to cut rates again as inflation eases COLOMBO: Sri Lanka’s central bank is expected to further loosen monetary policy on Thursday, albeit by a smaller... Published 22 Aug, 2023 03:05pm
Business & Finance Sri Lanka expects to finalise a domestic debt rework by May LONDON/COLOMBO: Sri Lanka will kick off a debt rework of part of its domestic debt next month and aims to finalise ... Published 31 Mar, 2023 06:45am
Markets Sri Lanka central bank holds rates as it awaits crucial IMF deal COLOMBO: Sri Lanka’s central bank held interest rates steady for a third straight meeting on Wednesday, as widely... Published 25 Jan, 2023 12:00pm
Business & Finance Crisis-hit Sri Lanka warns of record 8% economic contraction COLOMBO: Sri Lanka’s economic meltdown will result in a record contraction of at least eight percent this year but... Published 18 Aug, 2022 01:58pm
Markets Sri Lanka central bank chief signals he will stay in job, warns turmoil impedes IMF talks COLOMBO: Sri Lanka’s central bank governor signalled on Monday he would stay in the job but warned that prolonged... Published 11 Jul, 2022 03:06pm
World Crisis-hit Sri Lanka expands cabinet, but no finance minister COLOMBO: Cash-strapped Sri Lanka appointed nine more ministers Friday to an “all-party government” tasked with... Published 20 May, 2022 05:41pm
Markets Sri Lanka central bank holds rates; reiterates need for political stability COLOMBO: Sri Lanka’s central bank held its key interest rates steady on Thursday following a massive 700 basis... Published 19 May, 2022 12:21pm
Business & Finance Sri Lanka central bank gets deferral of $900m payment from Asian Clearing Union COLOMBO: Sri Lanka’s central bank has received a two-month deferral for $900 million in payments due this week to... Published 08 Mar, 2022 02:40pm
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept