Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from its next update on Wednesday, replacing its current system of two rates.

Central Bank of Sri Lanka Governor Nandalal Weerasinghe discusses the new benchmark policy rate and an effective rate cut. He ...

The Ceylon Chamber of Commerce has welcomed the announcement of a staff-level agreement for the third review under the ...

IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other ...

COLOMBO: Sri Lanka’s central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below previously ...

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

COLOMBO: Sri Lanka's central bank cut its benchmark interest rate Wednesday, after the government agreed to a debt ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri ...

The meeting will discuss the urgent tasks that confronting the working class in the wake of the US and Sri Lankan elections ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

The Local Consortium of Sri Lanka (the “LCSL”), comprised of domestic commercial banks and financial institutions, commits ...