Sri Lanka’s Central Bank Leaves Key Rate Unchanged as US Tariffs Loom

Sri Lanka’s Central Bank Leaves Key Rate Unchanged as US Tariffs Loom

Sri Lanka’s central bank left its benchmark rate unchanged as policymakers gauge the progress of trade negotiations with the US before delivering additional stimulus.

Sri Lanka Sees Healthy Economic Recovery amid Global Trade Risks - LNW Lanka News Web

Amid rising global trade uncertainties and shifting geopolitical dynamics, Sri Lanka’s economic recovery appears to be on firm footing, supported by improved credit flow, rising tourism earnings, and stronger remittance inflows. The Central Bank of Sri Lanka (CBSL) emphasized this encouraging economic outlook on Tuesday, downplaying the urgency for further monetary easing for now, despite growing external pressures such as the potential U.S. tar…

CBSL keeps policy rates unchanged

By Charumini de Silva The Central Bank of Sri Lanka (CBSL) yesterday announced an unchanged stance on policy rates at 7.75% following the Monetary Board Review on Tuesday, after assessing both domestic and global developments.  The Board is of the view that the current monetary policy stance will help steer inflation towards the target of 5% in the period ahead, while supporting growth.

Sri Lanka stocks close up, banking stocks push turnover

ECONOMYNEXT – The Colombo Stock Exchange closed up on Wednesday, data on its site showed. The ASPI was up 0.79%, or 151.15 points, at 19,243.08, while the S&P SL20 was up 0.57%, or 32.00 points, at 5,689.62. Top contributors to the ASPI were DFCC Bank, which was up 4.75 rupees at 139.25, Richard Pieris and Company, which was up 1.70 rupees at 26.20, NDB which was up 2.75 rupees at 130.25, Carson Cumberbatch, which was up 30.75 rupees at 510.25, …

FPSA - Datassential names tariffs, UPFs as key midyear trends

The market researcher’s trends report also highlights the increased use of GLP-1 medications. Read MoreThe post Datassential names tariffs, UPFs as key midyear trends appeared first on FPSA.

No decision taken to curtail vehicle imports – CBSL Governor - LankaXpress

Neither the Central Bank of Sri Lanka (CBSL) nor the government has taken any decision to impose restrictions on vehicle imports at present, the Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe has clarified while responding to recent media reports. The Governor made this statement during a press briefing held at the CBSL today (23), following the announcement of the Central Bank’s monetary policy statement. When inquire…