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Sri Lanka central bank says sovereign lenders yet to outline debt talks plans - Stock market news

WASHINGTON/COLOMBO (Reuters) - Sri Lanka's sovereign lenders have yet to inform the government how they will engage with the country to restructure its $7.1 billion of debt and whether they will form an official committee or engage in bilateral talks, the central bank governor told Reuters in an interview on Tuesday. The island nation aims to formally engage in debt negotiations with overseas creditors that include China, India and the Paris Club group of nations in May, after concl...
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Sri Lanka central bank says sovereign lenders yet to outline debt talks plans

Sri Lanka's sovereign lenders have yet to inform the government how they will engage with the country to restructure its $7.1 billion of debt and whether they will form an official committee or engage in bilateral talks, the central bank governor told Reuters in an interview on Tuesday. The island nation aims to formally engage in debt negotiations with overseas creditors that include China, India and the Paris Club group of nations in May, after concluding a debt rework with holders of its...
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Sri Lanka holds rates to keep lid on inflation after securing IMF deal - Stock market news

COLOMBO (Reuters) - Sri Lanka's central bank kept its interest rates unchanged on Tuesday in the face of stubbornly high inflation, in its first policy decision since securing a $3 billion bailout from the International Monetary Fund (IMF). | 07:49am
Sri Lanka Uditha Jayasinghe Central Bank International Monetary Fund Swati Bhat Andrew Heavens

Sri Lanka's key inflation rate eases to 50.3% in March - Stock market news

COLOMBO (Reuters) - Sri Lanka's key inflation rate eased to 50.3% in March from 50.6% in February, the statistics department said on Friday. The Colombo Consumer Price Index (CCPI) reflected a reduction in food inflation to 47.6% in March from 54.4% in February, but non-food inflation reached 51.7%, the Census and Statistics Department said in a statement. Sri Lanka has been struggling with soaring prices for over a year, largely caused by its worst financial crisis since it g...
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