Alleged irregularities within the Ceylon Petroleum Storage Terminal Company’s (CPSTL) and its fuel distribution system has had an indirect impact on fuel consumption data countrywide which was a ...
The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market ...
COLOMBO (Reuters) -Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday as ...
COLOMBO (Reuters) -Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday and ...
The gross official reserves were provisionally estimated at US dollars 4,951 mn as at end March 2024 including proceeds from the People’ Bank of China (PBOC) swap arrangement, which is subject to ...
RECASTS with details of Beijing visit, ADDS China to slug Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt restructuring deal crucial to ...
The United Nations on Sunday urged Sri Lanka to bridge its "accountability deficit" and ensure justice as the country commemorated the 279 victims of its worst-ever attack against civilians five ...
The central bank cut its key lending rate from 10% to 9.5% and the deposit rate from 9.0% to 8.5%, the first decrease in four months. (Reuters pic) COLOMBO: Sri Lanka’s central bank cut interest ...
Sri Lanka's economy shrank 2.3% in 2023 but grew 4.5% in the fourth quarter setting the stage for a recovery this year. "This growth momentum is expected to continue in the upcoming quarters ...