Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from its next update on Wednesday, replacing its current system of two rates.

COLOMBO (Reuters) -- Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, aiming to catalyze the island nation's nascent recovery from a deep financial crisis. Sri Lanka's ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Moody’s Ratings is reviewing Sri Lanka’s sovereign ...

COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below previously used benchmarks, in an effort to shore up the island nation's ...

Sri Lanka were bowled out for 42, their lowest score in Test history, on the second day of the first Test against South Africa in Durban today. Sri Lanka's previous lowest score in a Test innings ...

Supreme Court Justice Murdu Nirupa Bidushinie Fernando was officially sworn in as the Chief Justice of Sri Lanka before President... Jayden Seales registered astonishing figures of 15.5-10-5-4 as West ...

Apparel retailer Odel, which has been shutting down stores and whose financial losses have been widening, has booked a Rs 4.2 billion group loss for the 2023-2024 year and the accumulated loss has ...

(The Center Square) – Michigan’s flag of 113 years could be redesigned if new legislation passes both chambers. State Rep. Phil Skaggs, D-East Grand Rapids, introduced a bill that would set up ...

His picture is draped over the tower blocks that have collapsed into rubble. And the yellow flags of Hezbollah still fly. The neighbourhood was a ghost town during the last two months of heavy ...

TORONTO - Ontario’s labour minister says the province is planning to introduce a job-protected leave of 16 weeks for people who adopt children or have kids through surrogacy. David Piccini says ...

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Each day begins with renewed hope in Sri Lanka as the National People’s Power (NPP) coalition government gets to work following the resounding two-thirds majority it secured in the November 14 ...