Bloomberg L.P.

Sri Lanka Rupee Goes From Asia’s Best to Worst in Three Weeks

The Sri Lankan rupee has turned into Asia’s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and ...
Bloomberg L.P.

Sri Lanka Widens Currency Trading Band to Secure IMF Bailout

This article is for subscribers only. Sri Lanka allowed its currency to trade in a wider band, stepping up efforts to secure a $2.9 billion International Monetary Fund bailout. The rupee advanced. The ...
Daily FT

China says greater use of RMB can support Sri Lanka’s recovery

China’s Ambassador to Sri Lanka Qi Zhenhong on Wednesday said broader use of the Chinese Yuan, or Renminbi (RMB), could ...
National Review

The IMF and Sri Lanka Are Partners in Delusion

Don’t Tax Innovation: The Patent ‘Wealth Tax’ Is a Terrible Idea Fed Independence Is a Myth Worth Keeping Audio By Carbonatix As Sri Lanka enters its 17th IMF program, it's time to ask for a different ...