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Sri Lanka targets 30% haircut for international, domestic dollar bonds

Sri Lanka is asking international bondholders to take a 30 per cent haircut and is seeking similar concessions from investors in its domestic dollar-denomi..

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It s every nation for itself as dollar batters global currencies

Nations are being forced to go it alone in erecting defences against the relentless strength of the almighty greenback, with no sign that governments are willing to act in concert.

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Sri Lanka s president, cabinet set to resign, c bank governor to stay - Adaderana Biz English

Sri Lanka s president, cabinet set to resign, c bank governor to stay - Adaderana Biz English
bizenglish.adaderana.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizenglish.adaderana.lk Daily Mail and Mail on Sunday newspapers.

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Sri Lankan President Gotabaya Rajapaksa, entire cabinet set to resign in wake of protests

Sri Lanka's President Gotabaya Rajapaksa and the entire cabinet will resign to make way for a unity government, the prime minister's office has said, after tens of thousands of protesters stormed the official residences of both men.

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Sri Lanka to get new president next week amid political and economic meltdown

Colombo: Sri Lanka s parliament will elect a new president on July 20, its speaker said on Monday, after protesters stormed the residences of the curr.

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