Financial Storm Brewing? Premadasa Challenges Official Reserve Figures and Future Debt Readiness.
Opposition Leader Sajith Premadasa has raised concerns over the transparency of Sri Lanka's economic data, suggesting that usable foreign reserves are lower than reported and calling for immediate negotiations on a successor IMF program to handle upcoming debt obligations.
Commercial Bank Sets Historic Benchmark, Surpassing Rs. 3.5 Trillion in Total Assets.
Commercial Bank of Ceylon has achieved a historic milestone by becoming the first private sector banking group in Sri Lanka to exceed Rs. 3.5 trillion in total assets during the first quarter of 2026.
Ukraine Maintains Benchmark Interest Rate Amid Escalating Inflationary Pressures.
The National Bank of Ukraine has opted to hold its benchmark interest rate at 15%, balancing the need for economic stability against rising inflation driven by global energy price volatility and the ongoing impact of the conflict.
Hungary’s Central Bank Set to Maintain Benchmark Rates Amid Economic Uncertainty.
The National Bank of Hungary is expected to hold its benchmark interest rate at 6.25% as policymakers prioritize budget stability and negotiations for frozen EU funds despite recent market optimism.
















