(RTTNews) – Sri Lanka’s central bank kept its key interest rates unchanged, on Thursday, as policymakers observed the current stance is appropriate. The monetary board of the Central Bank of Sri Lanka maintained the standing deposit facility rate at 7.25 percent and the standing lending facility rate at …
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Japanese Foreign Minister Taro Kono will visit Sri Lanka from January 4 to 6, 2018, a statement from the Japanese embassy here said yesterday. This is the first time in fifteen years for a Japanese Foreign Minister to visit Sri Lanka. The statement sai…
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Dec 28, Colombo: Sri Lanka’s Central Bank releasing the monetary policy review on Thursday said environment it has decided to maintain current policy interest rates as the fiscal sector recorded notable improvements in 2017, particularly due to increased revenue collection. Accordingly, the Monetary …
COLOMBO, Dec 28 (Reuters) – Sri Lanka’s central bank kept its benchmark interest rates unchanged on Thursday, saying inflation and private sector credit growth have cooled to a manageable level as policy makers focus on supporting a slowing economy. The previous rate increases have dragged on …
Governor Indrajit Coomaraswamy held the standing lending facility rate at 8.75 percent and the standing deposit facility rate held at 7.25 percent, the Central Bank of Sri Lanka said in a statement from Colombo on Thursday. The move was predicted by al…
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It was heartening to hear from the incumbent Chief Justice, Priyasath Dep, that Sri Lanka’s judiciary is free from any interference. This statement comes as a relief, given that we can recall a long period of the most despicable forms of the interference with the judiciary in Sri Lanka and how, unfortunately, …