Sri Lanka’s inflation climbed in December for a third straight month as a rebound in economic activity boosted consumption. The consumer price index in Colombo rose 4% from a year ago, the statistics ...

Colombo: Bloomberg today announced that the Foreign Exchange market in Sri Lanka has chosen Bloomberg’s BMatch solution for interbank trading in the local spot foreign exchange market. FXGO’s BMatch ...

Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt, signaling possible complications in negotiations that are key for accessing further ...

Sri Lanka vowed to soon restore a flexible exchange-rate regime after unexpectedly raising its benchmark interest rate Friday as the troubled nation looks to secure a $2.9 billion International ...

Sri Lanka expects to forge major deals in its debt restructuring this month as the International Monetary Fund conducts the first review of its $3 billion loan program. Legislators this week are ...

Sri Lanka’s new government plans to sell its national airline to stem losses, part of efforts to stabilize the nation’s finances even as authorities are forced to print money to pay government ...

Pakistan’s and Sri Lanka’s decades-high borrowing costs will be on spotlight Tuesday as elevated inflation persists and debt troubles linger. Monetary conditions in Pakistan and Sri Lanka are already ...

Sri Lanka’s inflation slowed in October for the first time in a year as shortages of food and fuel eased. The consumer price index in the capital Colombo cooled to 66% from a year ago, the statistics ...

Sri Lanka’s debt negotiations with China and India “are successful,” according to President Ranil Wickremesinghe, bringing the bankrupt nation closer to clearing a major hurdle to unlock $2.9 billion ...

Sri Lanka’s economy likely shrank the most in two years amid a debt crisis that triggered a default and widespread protests that brought the nation to a standstill leading to the ouster of the ...

Sri Lanka’s inflation slowed in November for a second straight month amid improved supply conditions and tight monetary policy. The consumer price index in the capital Colombo eased to 61% from a year ...