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SINGAPORE (Reuters) -Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to ...
Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation. Sri Lanka secured a ...
The central bank has raised rates by a record 950 basis points so far this year to battle inflation in Sri Lanka, which has been hit by its worst economic crisis since independence in 1948.
The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, it said on Wednesday. Skip to main content.
The Central Bank of Sri Lanka is considering moving towards a single policy rate mechanism to ensure better signalling of its policy stance, Governor P. Nandalal Weerasinghe said in early 2024, ...
Sri Lanka’s monetary policy will remain accommodative for the economy to reach its potential growth, while focusing on domestic price stability, Central Bank Governor Nandalal Weerasinghe said.
Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain.The project was initiated in fall 2019 ...
Sri Lanka slips into default, central bank head agrees to stay on. The island nation fell into default for the first time in its history as the gov’t struggled to halt an economic crisis.
Sri Lanka's central bank is set to name a new chief, as the nation faces its worst economic crisis in over 70 years. P Nandalal Weerasinghe told the BBC that he will take up the position of the ...
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