Sri Lanka's central bank likely to hold rates to control inflation Published 20 Jul, 2026 04:55pm The CBSL sets an inflation target of 5% for this year
Sri Lanka eases monetary policy, sets new single benchmark rate Published 27 Nov, 2024 10:32am COLOMBO: Sri Lanka’s central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below...
Sri Lanka inflation rises to 2.4% on year in June Published 22 Jul, 2024 03:05pm COLOMBO: Sri Lanka’s consumer price inflation rose to 2.4% year-on-year in June from 1.6% in May, official data...
Sri Lanka holds rates to manage inflation, foster economic stability Published 28 May, 2024 11:01am COLOMBO: Sri Lanka’s central bank held interest rates steady on Tuesday to ensure inflation pressures remain in...
Sri Lanka inflation to reach 5% during Q3-Q4 Published 21 Feb, 2024 01:17pm COLOMBO: Sri Lanka’s inflation is expected to return to the government’s 5% target starting from the last two...
Sri Lanka price hike after tax rises for IMF bailout Published 01 Feb, 2024 03:10pm COLOMBO: Prices spiked more than six percent in Sri Lanka last month after it hiked taxes in line with IMF...
Sri Lanka expects IMF board approval of first review next month: central bank chief Published 24 Nov, 2023 03:41pm COLOMBO: Sri Lanka expects the International Monetary Fund to approve the first review of its bailout programme next...
Sri Lanka cuts rates to boost growth, signals pause in further easing Published 24 Nov, 2023 09:37am COLOMBO: Sri Lanka’s central bank lowered interest rates on Friday in an unexpected move to boost growth but...
Sri Lankan inflation rises to 1% in October Published 21 Nov, 2023 02:54pm COLOMBO: Sri Lanka’s consumer price inflation rose to 1% in October year-on-year from 0.8% in September, the...
Sri Lankan shares rise as central bank cuts rates, signals rebound from crisis Published 01 Jun, 2023 12:06pm Sri Lankan shares rose on Thursday after the country’s central bank cut key interest rates by 250 basis points on...
Sri Lanka cuts rates by 250 bps, signals rebound from crisis Published 01 Jun, 2023 10:26am COLOMBO: Sri Lanka’s central bank cut its key interest rates by 250 basis points on Thursday as inflation eased,...
Sri Lanka to relax currency band as it moves towards market-driven exchange rate Published 06 Mar, 2023 08:09am COLOMBO: Sri Lanka will relax its currency band from next week, its central bank said on Friday, as part of efforts...
Sri Lanka Central Bank raises rates to 21-year high to contain inflation Published 07 Jul, 2022 09:41am COLOMBO: The Central Bank of Sri Lanka (CBSL) raised its key rates by a full percentage point on Thursday to tackle...