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8 Articles
Business

Central Bank calls for structured oversight of cryptocurrencies

The Central Bank of Sri Lanka (CBSL) has recommended the establishment of a high-level committee to the government, aimed at shaping policy decisions...

Sri Lanka

Sri Lankans still barred from using cryptocurrency for transactions, says Central Bank

Sri Lankans are still prohibited from using cryptocurrency for daily transactions, but there are no legal barriers to investing in digital assets, Central...

Business

CBSL keeps policy rate at 7.75%

The Monetary Policy Board of the Central Bank of Sri Lanka has decided to keep its Overnight Policy Rate (OPR) unchanged at 7.75%....

Sri Lanka

Outstanding credit card balances surge to Rs. 161 billion

Credit card debt in Sri Lanka continues to swell, with outstanding balances reaching Rs. 161.3 billion in July, marking an 2.08% increase from...

Sri Lanka

Bond market rejects Sri Lanka debt auction

Sri Lanka’s bond auction on August 12, 2025 sent a stark warning to policymakers: despite macroeconomic stabilisation under IMF reforms, deep-seated investor skepticism...

Politics

Tourism Minister and Deputy clash over USD 3.7 Bn revenue claim

Tensions have surfaced within the tourism ministry after Deputy Minister Prof. Ruwan Ranasinghe publicly disputed a recent statement by Cabinet Minister Vijitha Herath,...

Sri Lanka

Sri Lanka’s foreign reserve assets decline

Sri Lanka’s official foreign reserve assets have decreased by US$ 206 million to US$ 6.08 billion in June 2025, data released by the...

Business

Central Bank Governor highlights need for robust credit information systems

The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, underscored the importance of strengthening credit information systems to improve...