Sri Lanka SME debt relief credit negative for banks: Moody’s

A debt moratorium for Sri Lanka's small and medium enterprises is credit negative for banks and the sovereign, and may not boost economic growth, Moody's a rating agency has warned.

Sri Lanka coconut auction prices continue to climb

Sri Lanka raw coconut prices grew 4.52 percent to 45,265 rupees for 1000 nuts at an auction in Colombo on January 16, 2020, up from 43,305, on January 16, extending gains made over several weeks, official data showed.

Sri Lanka rupee opens slightly weaker, stocks gain

Sri Lanka’s rupee was quoted marginally weaker at 181.30/40 to the US dollar in the spot market on Monday, while bond yields opened flat and stocks gained 0.08 percent.

Manufacturing growth slows, services accelerate to 24-month high in Dec

Sri Lanka’s manufacturing sector growth slowed in December from a month earlier, while services accelerated to a 24-month high, the central bank said.

Latest Last
US Dollar 181.3814 181.4054
UK Pound 237.2197 236.4529
Euro 202.0861 201.7319
Aus Dollar 125.1804 125.3602
Yen 1.6460 1.6550
Source: Central Bank/Indicative
Indian Rupee 2.5555 2.5564
Korea Won 0.1567 0.1570
Oman Rial 471.0838 471.1890
Saudi Riyal 48.3490 48.3574
UAE Dirham 49.3803 49.3869
Source: Central Bank/Indicative
S&P SL20 2,791.06 -0.58
CSE All Share 5,932.92 -0.14
Turnover Rs million. 600
Source: Central Bank/Indicative
3-m bill 7.51 7.53
6-m bill 8.00 7.99
12-m bill 8.47 8.45
5-yr bond 9.66 9.67
8-yr bond 9.87 9.89
Source: Central Bank/Indicative
Overnight Money 7.48 7.44
Gilt Repo 7.52 7.50
I-m SLIBOR 7.90 7.90
Source: Central Bank/Indicative

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