Money printing is, technically the increase in reserve money stock which will eventually multiply the country’s money supply.

The Central Bank of Sri Lanka, which has sole authority to print currency in the island nation, told AFP it had not released ...

Sri Lanka's central bank has bought 189.5 million US dollars from forex markets in October 2024, higher than the 96 million ...

The International Monetary Fund program should look at cutting costs of the island's bloated state instead of simply raising ...

Damith Wickramasinghe, the former Chairman of the National Youth Services Council and current Sri Lanka Podujana Peramuna ...

THE party of Sri Lanka’s new Marxist President Anura Kumara Dissanayake has won a two-thirds majority in parliament, official election results showed today, providing a strong mandate for his ...

THE new Sri Lankan President Anura Kumara Dissanayake is looking to consolidate his party's power in tomorrow’s parliamentary election to help him implement his election pledges to solve the country's ...

Below, MailOnline reveals some of their inspiring personal stories, from a former pupil at Ms Badenoch's school who also came ...

Now, CBSL insists that “with the introduction of the Central Bank of Sri Lanka Act, No. 16 of 2023, which came into effect in September 2023, the CBSL is now prohibited from printing money through the ...

Fetch-ball Julie, planted stories in Sri Lanka’s social and print media networks ... at the expense of the Sri Lanka people’s money, in 2018? It is evident that the yanks want AKD to do what the ...

President Anura Kumara Dissanayake recently accused certain media institutions of propagating fake news. His grouse was over ...