Sri Lanka Central Bank Cuts Rates Unexpectedly

Sri Lanka Cuts Key Interest Rates By 50 Bps

Sri Lanka's central bank unexpectedly reduced its benchmark rates on Tuesday to support the economic recovery. The Monetary Policy Board of the Central Bank of Sri Lanka, led by Governor Nandalal Weerasinghe, decided to cut the Standing Deposit Facility Rate by 50 basis points to 8.50 percent and the Standing Lending Facility Rate to 9.50 percent.

RTTNews | 493天前

Sri Lanka Central Bank Slashes Key Rates By 100 Bps

The Central Bank of Sri Lanka lowered its benchmark rates by 100 basis points on Thursday citing faster deceleration of inflation. The Standing Deposit Facility Rate and the Standing Lending Facility Rate were reduced by 100 basis points to 10.00 percent and 11.00 percent, respectively.

RTTNews | 665天前

Sri Lanka Central Bank Keeps Rates Steady Amid Economic Crisis

Sri Lanka's central bank kept its key interest rate unchanged on Wednesday as runaway inflation showed signs of slowdown, and amid the country's negotiations with the International Monetary Fund to secure a $2.9 billion rescue deal to get the economy back on track. The Monetary Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate at 14.50 percent.

RTTNews | 918天前

China Manufacturing Activity Slips Into Contraction

China's factory activity contracted in July as softening new orders forced manufacturers to scale back production and staffing, purchasing managers' survey results from S&P Global showed on Friday. The manufacturing Purchasing Managers' Index fell to 49.5 in July from 50.4 in June. The latest score suggested contraction in the sector.

RTTNews | 11分钟前

European Economic News Preview: Eurozone Flash Inflation Data Due

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RTTNews | 43分钟前

European Shares Set For Weak Start As Trump's New Tariffs Kick In

European stocks may drift lower at open on Friday after U.S. President Donald Trump signed a new executive order that imposes fresh import tariffs on a vast array of goods coming from 69 countries and the European Union.

RTTNews | 1小时14分钟前

Sensex, Nifty Open Lower On Economic Concerns

Indian shares were a tad lower on Friday due to concerns over U.S. tariffs and the likely impact on the country's GDP growth.

RTTNews | 2小时7分钟前

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market moves on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness across most sectors led by energy and technology stocks.

RTTNews | 3小时17分钟前

EURUSD	1.14361	GBPUSD	1.32117	AUDUSD	0.64371
USDJPY	150.56	USDCAD	1.38583	USDCHF	0.81312

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Sri Lanka Central Bank Cuts Rates Unexpectedly