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Sri Lanka inflation to reach 5% during Q3-Q4 - World

COLOMBO: Sri Lanka’s inflation is expected to return to the government’s 5% target starting from the last two. ....

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Sri Lanka cuts rates to boost growth, signals pause in further easing - Business & Finance

COLOMBO: Sri Lanka’s central bank lowered interest rates on Friday in an unexpected move to boost growth but. ....

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Sri Lanka expects IMF board approval of first review next month: central bank chief - World

COLOMBO: Sri Lanka expects the International Monetary Fund to approve the first review of its bailout programme next. ....

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IMF's second tranche finalisation to Sri Lanka in December: central bank governor

International Business News: The second tranche of the USD 2.9 billion IMF bailout for cash-strapped Sri Lanka will be finalized within a month, according to the central bank gove ....

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Sri Lanka central bank resumes rate cuts to boost growth

COLOMBO (Reuters) -Sri Lanka's central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks to lift revenue and repair its balance sheets in a bid to secure continued financial support from the International Monetary Fund. The Central Bank of Sri Lanka (CBSL) lowered the standing deposit facility rate and the standing lending facility rate by 100 basis points each to 10% and 11%, respectively, it said in a statement. "The Board arrived at this decision following a careful analysis of the current and expected developments," the CBSL said in the statement. ....

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