#srilanka
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
The Central Bank of Sri Lanka (CBSL) raised the overnight policy rate to 8.75% from 7.75%, blaming higher inflation and a depreciating rupee
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
COLOMBO, May 26 : Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in three years, and signalled more tightening as surging energy costs whip up inflation and batter its currency.…
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
COLOMBO, May 26 : Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in four years, as policymakers scrambled to stem inflation and support a currency buckling under soaring energy …
India emerges as Sri Lanka's second-largest export destination
India is now Sri Lanka's second-largest export market, overtaking the United Kingdom. This shift occurred between January and April of this year. The United States remains the top destination for Sri Lankan exports. Sri Lanka's overall exports saw growth in A…
I asked ChatGPT which international trip is best under ₹50,000 — Thailand, Vietnam or Sri Lanka? The winner surprised me
Thailand is ideal for nightlife and shopping, while Vietnam excels in affordability and culture, making it the best value. Sri Lanka offers a peaceful holiday. For ₹50,000, Vietnam provides a premium experience with quality accommodation and food.
With WTC points in sight, India likely to tour Sri Lanka for two Tests in August
There is still no confirmation on the three T20 Internationals that were earlier expected to be part of the tour.
Sri Lanka seeks strengthening of free trade deal with India
Sri Lanka aims to enhance its free trade agreement with India to boost investments in key sectors and strengthen economic ties.