Sri Lanka to remain on policy loosening course, next rate cut likely in August
Sri Lanka will begin rolling back import restrictions on 300-400 items from next week
Source: zawya.com
Page 35 - Uditha Jayasinghe News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Uditha Jayasinghe. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Uditha Jayasinghe Today - Breaking & Trending Today
Sri Lanka cuts rates by 250 bps, signals rebound from crisis
COLOMBO -Sri Lanka's central bank cut its key interest rates by 250 basis points on Thursday amid easing inflationary pressures, signalling that the South Asian nation was emerging from a devastating... | June 1, 2023
Source: marketscreener.com
Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis
In a sign of confidence that the worst of Sri Lanka's financial crisis is over, its central bank surprised markets by cutting interest rates for the first time in three years on Thursday,... | June 1, 2023
Source: marketscreener.com
Sri Lanka to cut spending, create more jobs after rate cut -president
COLOMBO (Reuters) - Sri Lanka will work to cut government spending, boost foreign investment and create jobs, President Ranil Wickremesinghe said on Thursday hours after the central bank cut interest rates for the first time in three years. | 01:03pm
Source: marketscreener.com
Sri Lanka's key inflation rate eases to 25.2% in May
COLOMBO (Reuters) - Sri Lanka's key inflation rate eased to 25.2% in May from 35.3% in April, the statistics department said on Wednesday, reducing some stress on the crisis-hit economy. Soaring inflation has battered the economy for more than a year after a severe foreign exchange crisis set off the Indian Ocean island's worst financial crisis in seven decades. | 05:53am
Source: marketscreener.com