Notable
Sri Lanka reached debt restructuring deal with bilateral creditors last week
India is in discussion for renewable energy, connectivity projects with Sri Lanka
Sri Lanka is yet to finalise debt restructuring with private creditors
Sri Lanka is yet to reach a deal with private, commercial creditors
New govt has already drafted State Commercial Enterprises Management Draft Bill
Sri Lanka has finalized bilateral debt restructuring, but has to conclude with signing the deals
Gotabaya Rajapaksa unilaterally cancelled Japanese financed $1.5 billion LRT, Japan, India involved ECT
Japan, India and France launched the debt restructuring negotiation process on April 13
"We are always "providing free charcoal in the snow" instead of "collecting rented-umbrellas in the rain", - CMG chief
An IMF program typically has prior actions before it is approved which has to be met.
The IMF approved a four-year, $3 billion loan to Sri Lanka last month with an ambitious reform package
Three creditors are closely working on towards a coordinated debt restructuring for Sri Lanka
Opposition backed state sector trade unions led protest against tax hike
Sri Lanka declared sovereign debt default in April last year
Sri Lanka's economic crisis turned into a political crisis last year and ousted its leader and government.
Sri Lanka govt is desperate for foreign inflows
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lanka sees new political risks since its sovereign debt default
Sri Lanka's debt restructuring dragged as financial assurance from all bilateral creditors are yet to be reached
The top US State Dept official said what China has offered so far is not enough.
India and the US have called Sri Lanka to ensure equal treatment to all its creditors amid doubts over China
Finance Ministry will be told to compile reports on how the public tax money was spent
Delay in Sri Lanka's debt restructuring has dragged the IMF approval for a $2.9 billion loan
The stock market fell 30.6 pct in 2022 compared to the previous year, but saw record high foreign inflows
Businesses in Sri Lanka are preparing for a tax shock from this month
Polls may increase crisis-hit Sri Lanka's uncertainty amid debt restructuring, IMF loan delay
IMF chief says working hard with Sri Lanka, other debt-ridden nations
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