Sri Lanka has defaulted on its debts for the first time in its history. It has faced an economic and political crisis triggered by global shock waves from the pandemic and the war in Ukraine. Inflation has hit 40% and the shortages of food, fuel, and medicines combined with the rolling power blackouts, have led
A Child's Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore Didn't? colombotelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from colombotelegraph.com Daily Mail and Mail on Sunday newspapers.
Insolvent Sri Lanka should cancel its central bank tbsnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tbsnews.net Daily Mail and Mail on Sunday newspapers.
By Andy Mukherjee Bloomberg Opinion – What was good for Sri Lanka under British colonial rule 75 years ago may be worth a try again. Or at least that’s what Mark Mobius, the former emerging markets guru at Franklin Templeton Investments, seems to be suggesting. To regain the confidence of investors, the bankrupt Indian Ocean.