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Sri Lanka to remain on policy loosening course, next rate cut likely in August -analysts
Reuters via Yahoo Finance· 1 year agoSri Lanka's central bank is likely to continue to ease monetary policy, following a 250 basis points...
IMF Deal Will Cut Sri Lanka Borrowing Costs: Central Banker
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- Sri Lanka’s bailout by the International Monetary Fund will help the bankrupt nation...
Sri Lanka targets 30% haircut for international, domestic dollar bonds
Reuters via Yahoo News· 12 months agoCOLOMBO (Reuters) -Sri Lanka is asking international bondholders to take a 30% haircut and is...
Sri Lanka official garment worker minimum wage ‘too low’
Just Style via Yahoo Finance· 1 month agoSri Lanka’s clothing sector pay scale is already above the recently increased national living wage...
'Our currency, your problem': The dollar's surge to 20-year highs is causing headaches around the...
Business Insider via Yahoo Finance· 2 years agoThe US dollar has surged against other major currencies this year.Reuters The US dollar has soared...
Sri Lanka's economy shrinks 11.5% in first quarter as financial crisis continues
Reuters via Yahoo Finance· 1 year agoCOLOMBO (Reuters) -Sri Lanka's economy shrank 11.5% in the first three months of 2023, official data...
‘Each passing day life is becoming unbearable’: How Putin’s war in Ukraine is wreaking economic...
Fortune via Yahoo Finance· 2 years agoChinthamba Gama, who runs a small business in the African country of Malawi that is involved in fish...
Sri Lanka Nears IMF Staff-Level Deal as Mission Extends Stay
Bloomberg via Yahoo News· 2 years ago(Bloomberg) -- Sri Lanka is nearing a staff-level agreement with the International Monetary Fund,...
Debt deal with creditors could help Sri Lanka clear IMF bailout review
Reuters via AOL· 7 months agoCOLOMBO (Reuters) -Sri Lanka's pact with creditor nations to restructure its debt prepares the way...
Factbox-Sri Lanka asks foreign investors for a 30% haircut in debt restructure
Reuters via Yahoo News· 12 months ago(Reuters) -Sri Lanka announced a restructuring plan for its massive domestic debt on Thursday to...