Sri Lanka’s government has announced cuts in fuel prices, providing relief for many after a year of shortages and skyrocketing prices amid the country’s worst economic crisis. Minister of ...

In a sign of confidence that the worst of Sri Lanka's financial crisis is over, its central bank surprised markets by cutting ...

Move signals change of course to fuel a rebound in the economy as the island recovers from worst ever financial crisis.

Sri Lanka cuts policy rates 250 basis points lowering the rate at which liquidity is injected to markets to 14.0 percent to ...

Sri Lanka’s government has announced significant cuts in fuel prices, providing welcome relief for many after a year of shortages and skyrocketing prices amid the country’s worst economic crisis.

What has been happening in Sri Lanka? In early 2022, Sri Lankans started experiencing power cuts and shortages ... any more. The fuel shortage caused petrol and diesel prices to rise dramatically.

The Central Bank of Sri Lanka lowered the standing lending facility rate to 14% from 16.5%, according to a statement on its ...

Sri Lanka has raised fuel prices threefold in the past year to offset huge losses at CPC, which is set to undergo restructuring in line with a $3.0 billion IMF bailout Colombo secured in March ...

Sri Lanka's President Ranil Wickremesinghe has brought 12 state owned enterprises under his Ministry of Finance, Economic ...

Sri Lanka’s Central Bank has reduced its interest rates for the first time since ...

"This can possibly be seen as an end to the crisis," said Sanjeewa Fernando, a senior vice president at Asia Securities in Colombo. The Central Bank of Sri Lanka (CBSL) cut its standing deposit ...