Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Latest Economic News

Sri Lanka falls into default for the first time ever

May, 19 2022

Sri Lanka has officially defaulted on its external debt, experiencing shock from a succession of civil unrests and inefficient economic management. At the moment, there is a widespread shortage of food and energy in the country, and the strongest inflation is raging. The governor of the central bank of Sri Lanka, Nandalal Virasinghe, said that the peak of inflation in the country is expected to be around 40%.In addition, the national currency of the country is falling uncontrollably. The combina... Read More

All News