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 ...
COLOMBO (Reuters) -Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday and ...
Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday as policymakers prioritised boosting growth and steering the economy out of its worst financial ...
Poor governance caused Sri Lanka’s economic downturn and it culminated in bankruptcy. It is quite evident that poor ...
The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market ...
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 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 ...
Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday and said there was space to ease policy further as it prioritises growth to steer the economy out of ...