Central Bank,SL holds rates amid U.S. Tariff talks
The Central Bank of Sri Lanka has kept its main interest rate steady at 7.75%, saying the current policy is right for the country’s recovering economy. However, the bank also said it might lower rates again later this year if inflation stays low. Central Bank Governor Dr. Nandalal Weerasinghe said inflation is expected to rise slightly in the coming months …
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Credit Card Usage Rises as Economy Recovers and Rates Fall
Credit card usage in Sri Lanka is on the rise as economic stability returns and interest rates continue to decline.
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Sri Lanka’s FDI Surges 101% in H1 2025, Hits $507 Million
Sri Lanka has registered a remarkable 101% year-on-year (YoY) surge in realised foreign direct investment
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IMF warns of trade threats to SL’s growth
Sri Lanka’s economy is expected to grow by 3.5% this year, after recording 5% growth last year, according to the World Bank, showing signs of steady recovery from the 2022 financial crisis. However, the International Monetary Fund (IMF) warns that global trade issues, especially with the United States could slow down that progress. In a statement issued after completing its …
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SL ahead in digital finance access, says WB report
The Global Findex 2025 report by the World Bank highlights that Sri Lanka has performed better than many South Asian countries in providing access to bank accounts and digital payments. According to the report, over 650 million adults globally still don’t have a financial account, and many lack access to mobile phones or digital financial services. More than half of …
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Foreign remittances expected to reach US$ 7 billion by year-end
During the first six months of 2025 (January to June), a total of 144,379 Sri Lankan migrant workers departed the country for overseas employment, according to the Sri Lanka Bureau of Foreign Employment (SLBFE).
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CBSL to launch Anti-Pyramid National Awareness Week starting today
The Central Bank of Sri Lanka (CBSL) is scheduled to launch the ‘Anti-Pyramid National Awareness Week’ starting today (14).
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CBSL’s Anti-Pyramid National Awareness Week from tomorrow
The Central Bank of Sri Lanka (CBSL) will launch the ‘Anti-Pyramid National Awareness Week’ from tomorrow (14).
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Foreign remittances rose 22.3 percent to US$635.7 million in June 2025
Sri Lanka’s official remittances rose 22.3 percent to 635.7 million dollar in June 2025, while they reached 3.74 billion dollars in the first half of this year,
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CBSL’s Anti-Pyramid National Awareness Week from tomorrow
The Central Bank of Sri Lanka (CBSL) will launch the ‘Anti-Pyramid National Awareness Week’ from tomorrow (14).
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