Sri Lanka
People: Estonia selects new governor-designate
Plus senior promotions in Hong Kong, India and Sri Lanka
Sri Lanka holds rate as US tariffs loom
Central bank keeps policy rate at 7.75% amid domestic economic and global trade uncertainties
Sri Lanka cuts benchmark rate to 7.75% as deflation persists
Central bank projects inflation will move into positive territory during third quarter
CBSL head calls for proactive approach to tackle deepfakes
Governor tells Central Banking of institution’s response when his own image was used by scammers
Sri Lanka holds rates amid persistent deflation
Central bank expects price falls to intensify owing to cuts in electricity tariffs
Central banking amid uncertainty and Trump 2.0
Deglobalisation set to challenge the central banking orthodoxy of the past 40 years
Nandalal Weerasinghe on Sri Lanka’s IMF programme, central bank reforms and road to recovery
The Central Bank of Sri Lanka governor speaks about his return from retirement to aid Sri Lanka’s structural reforms and recapitalisation, reinforce central bank independence and develop financial resilience
Sri Lanka holds interest rates
Central bank to introduce single policy rate in “near future”
Sri Lanka reaches new agreement to restructure debt
Central bank involved in reaching deal, which came two days before presidential election
Sri Lanka inflation drops in August
Central bank projects consumer price index to remain below 5% target
Sri Lanka’s central bank forecasts fall in inflation
CBSL says figure will fall to its lowest point in early 2025 before rising again towards 5% target
Sri Lanka cuts interest rates by 25bp
Decision follows improved economic figures but stubbornly low inflation
Sri Lanka secures deal to restructure $12.6bn of bonds
IMF still to review if deal conforms with Sri Lanka’s debt sustainability targets
Sri Lanka signs debt restructuring deals
Government reaches agreement with 17-nation group and China’s Exim bank
People: Sri Lanka appoints two new deputy governors
Nithya Navaratnam named deputy head of BIS banking department
Reserve Bank of India plans to take payments system to 20 countries
Peruvian central bank signs agreement to use India’s Unified Payment Interface
Sri Lanka keeps interest rates flat
Country introduces new governance reforms to state-owned banks
Sri Lanka considers new bonds linked to GDP and governance
Restructuring debt could link repayments to anti-corruption reforms
Sri Lankan inflation rises in April
Foreign exchange reserves rose as a result of central bank intervention
Sri Lanka considers move to single policy rate
CBSL plans overhaul of monetary operations and improved liquidity forecasting
Sri Lanka calls five-day bank holiday for loan restructuring
Plan offers domestic creditors a choice of haircuts, after IMF says authorities must act on debt