The Central Bank of Sri Lanka has inexplicably maintained high interest rates in a deflationary environment, which increases ...

FILE- Street hawkers open up their business for the day at a market place in Colombo, Sri Lanka, Nov. 14, 2022. The Central Bank of Sri Lanka reduced its interest rates Thursday, June 1, 2023, for the ...

Sri Lanka vowed to soon restore a flexible exchange-rate regime after unexpectedly raising its benchmark interest rate Friday as the troubled nation looks to secure a $2.9 billion International ...

COLOMBO (Reuters) -Sri Lanka's central bank cut the policy rate by 25 basis points in a surprise move on Thursday, aiming to foster stronger economic growth after a lingering financial crisis and ...

COLOMBO, Feb 10 (Reuters) - The International Monetary Fund (IMF) on Friday welcomed Sri Lanka's policy shift towards a flexible exchange rate, saying it will help contain the trade deficit and ...

(Reuters) - Moody's may raise Sri Lanka's 'Ca' long-term foreign currency rating, the credit ratings agency said on Wednesday, following the government's bond-exchange offer aimed at completing the ...

COLOMBO, March 3 (Reuters) - Sri Lanka's central bank raised interest rates on Friday to tackle inflation and said it would relax its currency band to move towards a market-determined exchange rate as ...

Equities on crisis-hit Sri Lanka's stock exchange have shed nearly 40 percent of their value since January - Copyright AFP ISHARA S. KODIKARA Equities on crisis-hit ...

Sri Lanka’s draft law on public-private partnerships (PPPs) and the restructuring of state-owned enterprises (SOEs), led by ...