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
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’s Private Sector Credit Grows by Rs.146 B
Sri Lanka’s credit to the private sector has expanded by Rs. 146 billion in the first half of 2024, with a notable increase.
- 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
Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget
Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57.
- July 22, 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
Markets
Sri Lanka’s Central Bank Sells $57 Million in Forex Markets in June
In June 2024, Sri Lanka’s central bank was a net seller in the foreign exchange market, selling $57 million to banks without purchasing.
- July 15, 2024