Sri Lanka Central Bank clears misconceptions on the agreement with US firm

Sri Lanka's Central Bank has launched an extensive local and international Awareness Programme to portray an accurate picture of the country's economy.

Sri Lanka Central Bank maintains interest rates, expects the inflation to decline

Sri Lanka's Central Bank has decided to maintain current policy interest rates as its Monetary Board is of the view that the current monetary policy stance is appropriate.

Sri Lanka trade deficit expands in August 2010

Sri Lanka's cumulative trade deficit expanded over US$ 3.6 billion during the first eight months of 2010 due to increased expenditure on imports surpassing the earnings from exports, figures released Thursday by the Economic Research Department of Sri Lanka's Central Bank showed.

Rapid increase of local and foreign debts of Sri Lanka within a month

Latest reports of Central Bank of Sri Lanka show that the local and external debts of the state have sharply increased.
The report says that the unpaid debt has increased by 4.5% now compared to the end of 2009.

Sri Lanka's trade deficit widens over 100 percent in first half of 2010

Sri Lanka's expenditure on imports surpassed the earnings from exports widening the trade deficit by 108.6 percent in the first half of 2010 to US$ 2.844 billion, figures released today by Economic Research Department of Sri Lanka's Central Bank showed.

Sri Lanka to issue USD one billion sovereign bonds in September

Sri Lanka's Central Bank said today that it plans to issue an International Sovereign Bond amounting to US Dollar one billion around September 2010 on behalf of the government.