Page 6 - Uditha Jayasinghe News Today

Sri Lankas central bank is considering moving towards a single policy rate mechanism to ensure better signaling of its monetary policy stance, Governor P. Nandalal Weerasinghe said on Wednesday.... -January 10, 2024 at 01:30 am EST - MarketScreener

One of Indias largest travel platforms suspended flight bookings to the tourism-dependent Maldives on Monday after disparaging social media posts against Indian Prime Minister Narendra Modi...

The Maldives government has suspended three deputy ministers for disparaging Indias prime minister, an official said on Sunday, during a dip in ties with its powerful neighbour. ... -January 07, 2024 at 12:33 pm EST - MarketScreener

Sri Lankas consumer price inflation rate rose to 2.8% year on year in November from 1% in October, the statistics department said on Thursday. The National Consumer Price Index ,... -December 21, 2023 at 04:57 am EST - MarketScreener

Sri Lankas consumer price inflation rate rose to 2.8% year on year in November from 1% in October, the statistics department said on Thursday. The National Consumer Price Index ,... -December 21, 2023 at 04:36 am EST - MarketScreener

COLOMBO (Reuters) -Sri Lanka said on Wednesday it expects its foreign exchange reserves to rise above $4 billion this month, their highest level since the

The Sri Lankan economy marks a 1.6% growth in the July-September quarter, showing a positive turn from the severe financial crisis. Factors such as improved inflation, currency strength, and lower interest rates drove this growth. Agriculture expanded by 3%, industries by 0.3%, and services by 1.3%. Despite an IMF bailout and anticipated positive growth next year, the nation faces challenges with reforms, including tax increases and restructuring of foreign debt.

The International Monetary Fund said its executive board cleared the first review of Sri Lankas $2.9 billion bailout on Tuesday, providing about $337 million in funds to help tackle the fallout from... -December 12, 2023 at 01:57 pm EST - MarketScreener

The International Monetary Fund (IMF) said its executive board cleared the first review of Sri Lanka's about $3 billion bailout on Tuesday, providing about $337 million in funds to help tackle the fallout from the country's worst financial crisis in decades. The South Asian island nation is recovering from its worst financial crisis since its independence in 1948 that sent the economy into freefall last year with soaring inflation, currency depreciation and low foreign reserves. The ...

The International Monetary Fund said its executive board cleared the first review of Sri Lankas about $3 billion bailout on Tuesday, providing about $337 million in funds to help tackle the...