Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from ...

Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...

Sri Lanka won the toss and elected to field in the first cricket test against South Africa. South Africa had already announced its playing XI on the eve of the test and there were no late changes.

Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.

Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below previously used benchmarks, in an effort to shore up the island nation's fragile recovery from ...