Central Bank Holds Overnight Policy Rate at 8.75%
Sri Lanka’s monetary authority has kept its benchmark overnight rate unchanged as inflation remains above target and external risks persist.
US Dollar selling rate drops below Rs. 300 after 15 months
The selling rate of the US dollar has fallen below Rs. 300 for the first time since June 8, 2023.
Ambassador Julie Chung Meets CB Governor
US Ambassador Julie Chung met with Sri Lanka’s Central Bank Governor, Dr. Nandalal Weerasinghe, today (25). During their meeting, Ambassador
Sri Lanka resumes rate cuts to boost growth as inflation cools
Sri Lanka’s central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks to lift