Sri Lanka’s Forex Reserves Slightly Decline to $5.649 Bn in July
Sri Lanka’s foreign exchange reserves experienced a marginal decline, reaching $5.649 billion in July 2024, down from $5.654 billion in June, according to.
Economics
Economics
CBSL Projects Near 4% Economic Growth for SL in 2024
Sri Lanka is poised to achieve close to 4% economic growth by the end of 2024, continuing its positive momentum, according to Central.
- August 1, 2024
Economics
Central Bank Cuts Key Rates by 25bps to Stimulate Growth
The Central Bank has reduced its key policy rates by 25 basis points, bringing the Standing Lending and Deposit Facility rates to 9.25%.
- July 26, 2024
Business
Central Bank Lowers SDFR and SLFR by 25 Basis Points
The Monetary Policy Board of the Central Bank of Sri Lanka has announced a reduction in both the Standing Deposit Facility Rate (SDFR).
- July 25, 2024
Economics
Sri Lanka Central Bank Cuts Interest Rates to Boost Economy
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on July 23, 2024, decided to reduce the.
- July 24, 2024
Economics
IMF Warns of Global Growth Risks Amidst Elevated Inflation
IMF Cautions on Global Growth Threats from Persistent Inflation The International Monetary Fund (IMF) has issued a warning that global growth is at.
- July 17, 2024