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Wednesday September 22nd, 2021
Economy

Sri Lanka to raise borrowing limit by Rs400bn for 2021

The borrowing ceiling for 2021 will be raised to Rs3,397 billion rupees from 2,997 billion.

2 min read

Sri Lanka seeks 100mn US supplementary loan from World Bank for COVID-19

The World Bank has agreed to grant the loan, a cabinet release said.

2 min read

Fingers crossed that Sri Lanka's failed bill auctions which ravaged rupee will end

The yield curve flattens and is rock steady ahead of currency crises as anchors conflict

2 min read

Sri Lanka's national inflation at 6.7-pct in August 2021

The food price index grew 11.1 percent in the year to August

2 min read

IMF has a role in Sri Lanka after framework decided: Jayasundera

So if the plan is convincing, each one has a role to play in that plan

Sri Lanka central bank Treasuries stock tops Rs1.3 trillion amid reserve losses

Rising domestic assets point to a corresponding fall in foreign assets

3 min read

World Bank Doing Business index scrapped after manipulating ranking for China, others

China's rankings had dropped to 85 from 78 before the data was manipulaed

4 min read

Sri Lanka cronies profiting from import controls, SMEs battered: Samarajiva

What we are building is a kleptocracy which will then pollute and completely distort the political processes

6 min read

Sri Lanka shortage creating agency may allow milk powder supplies to resume

New price subject to dollars given at 203 to the US dollar

3 min read

Sri Lanka gets more railway coaches from India under US$82.6mn deal

RITES will also supply two AC diesel multiple units (DMU) to Sri Lanka Railways.

1 min read

Sri Lanka anti-COVID-19 measures to cost $550 million: Jayasundera

The real cost is more

2 min read

Sri Lanka to reduce 'vulnerable' international sovereign bond holdings: Jayasundera

Our idea is not to go for any commercial borrowing

3 min read

Sri Lanka's foreign exchange reserves are still low despite IMF SDR: Moody's

However, such inflows are piecemeal and boost FX reserves only temporarily

5 min read

Sri Lanka explores green bonds for renewable energy, organic fertilizers: Jayasundera

There are so many inquiries and proposals are being put forward to raise money from green bonds

2 min read

Sri Lanka GDP grows 12.3-pct in June 2021 quarter

Recovers from a 16.4-pct fall last year

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.6314 199.9330
UK Pound 272.7364 273.2584
Euro 234.0778 234.6214
Aus Dollar 144.6529 145.2613
Yen 1.8249 1.8253
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7092 2.7157
Korea Won 0.1688 0.1687
Oman Rial 518.5366 519.3200
Saudi Riyal 53.2308 53.3140
UAE Dirham 54.3488 54.4309
Source: Central Bank/Indicative
pts %
S&P SL20 3,266.79 -0.76%
CSE All Share 8,770.39 -0.36%
Turnover Rs million. 2,191,558,044.10 1,708,024,455
Source: CSE
Latest Last
3-m bill 5.91 5.85
6-m bill 5.95 5.90
12-m bill 6.02 5.97
5-yr bond 8.90 8.69
8-yr bond 9.26 9.18
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's re-appointed CB chief will tackle external challenges: P B Jayasundera

It also needs much more experienced person to manage the prevailing challenges

3 min read

Sri Lanka CB to guide markets, use tools mindful of repercussions: Governor Cabraal

I think we would from now onwards take the lead in providing guidance to markets

3 min read

Sri Lanka new CB Governor says will push for stability, consult business

A policy package in the form of a short-term Road Map soon

2 min read

Sri Lanka denies 5-pct tax on wage earner tax after 1-pct tax on undeclared funds

Not discussed in cabinet

1 min read

Sri Lanka spends US$225.5mn to defend non-credible peg in July

Another US$49.5mn was bought amid a surrender requirement

4 min read

Sri Lanka 'fingers crossed' for investment, rise in remittance, tourism: Minister Pathirana

We keep our fingers crossed and we are looking forward to receiving some investments also and foreign remittances'

3 min read

Sri Lanka to seek consultant for China DBFOT elevated expressway

The consultant will be chosen following "formal procurement methodology"

1 min read

Sri Lanka recovery framework to be launched by Advocata Institute - LIVE NOW

There is no doubt that Sri Lanka is facing a severe economic crisis

2 min read

Sri Lanka BOP deficit soars to US$2.7bn to July 2021 as bond auctions fail

Weakened credibility of the peg fires several speculative frenzies

6 min read

Nivard Cabraal says will focus on "stability first" as Sri Lanka CB Governor

I will be concentrating on stability first and growth

1 min read

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