Finance

Sri Lanka Central Bank Holds Rates Steady, Deflation Possible in Near Term

Sri Lanka’s central bank announced that it would maintain policy interest rates between 8.25% and 9.25%, citing the likelihood of deflation in the.

  • September 27, 2024
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Finance

Sri Lanka’s Loan Demand Rises in Q2 2024 Amid Lower Interest Rates and Exchange Rate Stability

Sri Lanka experienced a significant increase in loan demand across the retail, corporate, and small and medium enterprise (SME) sectors during the second.

  • August 26, 2024
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Economics

Sri Lanka’s 2024 BOP Surplus Lags Behind 2023 Amid Ongoing Economic Policies

Sri Lanka’s balance of payments (BOP) remains in surplus in 2024, but it trails slightly behind the figures from 2023, according to official.

  • August 9, 2024
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Economics

Sri Lanka’s CPI Up 2.4% in July; 22-Month Inflation Rises 2.8%

Sri Lanka’s consumer prices in the capital Colombo increased by 2.4% in the 12 months to July 2024. However, the central bank’s deflationary.

  • August 1, 2024
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