The price rise caused by this depreciation of the rupee was passed onto the people including for essential goods; as yet ...

Sri Lanka’s central bank has cut its benchmark interest rate to 8%, signaling efforts to stabilise its fragile economy. This move follows a major breakthrough in restructuring $12.55 billion in ...

Moody's has placed Sri Lanka's Ca long-term foreign currency rating on review for an upgrade, the credit ratings agency said ...

(Reuters) - Moody's has placed Sri Lanka's Ca long-term foreign currency rating on review for an upgrade, the credit ratings ...

Good morning, ladies and gentlemen. Thank you very much for joining us today, and welcome to the IMF Press Briefing. I am Martha Woldemichael. I'm the IMF Resident Representative based here in Colombo ...

COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...

Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.

Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...

Sri Lanka is weighing U.S. bribery accusations against Adani Group and Fitch put some company bonds on a watch list for a ...