Sri Lankans, whose real incomes are getting hammered on a daily basis from soaring inflation, have reduced the use of their credit cards, as there was a slight drop in the outstanding balance of credit cards, when the financial and economic misery became more pronounced
The Central Bank of Sri Lanka has issued a statement amending the restrictions on the holding of foreign currency.
Accordingly, the amount of foreign currency...
Sri Lanka has sought the assistance of the European Union in the economic recovery process.
As part of the ongoing engagement with 94 concurrently accredited...
The Central Bank was able to accept only 31bn from yesterday's (23.06.2022) treasury bill auction at the previous week's rates. Therefore, they were short...
