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 ...