The executive board of the International Monetary Fund is expected to meet this month to decide on a Rapid Financing ...

Cyclone Ditwah killed 132 people across Sri Lanka, with another 176 missing, according to the Disaster Management Centre, as ...

Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt, signaling possible complications in negotiations that are key for accessing further ...

Colombo: Bloomberg today announced that the Foreign Exchange market in Sri Lanka has chosen Bloomberg’s BMatch solution for interbank trading in the local spot foreign exchange market. FXGO’s BMatch ...

Sri Lanka’s inflation slowed in October for the first time in a year as shortages of food and fuel eased. The consumer price index in the capital Colombo cooled to 66% from a year ago, the statistics ...

Sri Lanka’s inflation accelerated in October for the first time in a year amid higher energy costs as officials try to meet the International Monetary Fund’s $3 billion bailout conditions. The ...

Sri Lanka vowed to soon restore a flexible exchange-rate regime after unexpectedly raising its benchmark interest rate Friday as the troubled nation looks to secure a $2.9 billion International ...

Sri Lanka’s inflation climbed in December for a third straight month as a rebound in economic activity boosted consumption. The consumer price index in Colombo rose 4% from a year ago, the statistics ...

Pakistan’s and Sri Lanka’s decades-high borrowing costs will be on spotlight Tuesday as elevated inflation persists and debt troubles linger. Monetary conditions in Pakistan and Sri Lanka are already ...

Sri Lanka’s debt negotiations with China and India “are successful,” according to President Ranil Wickremesinghe, bringing the bankrupt nation closer to clearing a major hurdle to unlock $2.9 billion ...

Sri Lanka’s inflation slowed in November for a second straight month amid improved supply conditions and tight monetary policy. The consumer price index in the capital Colombo eased to 61% from a year ...

Sri Lanka’s economy likely shrank the most in two years amid a debt crisis that triggered a default and widespread protests that brought the nation to a standstill leading to the ouster of the ...