Notable
Customs likely to achieve 2026 fully year target in mid-October
Current EFF ends in March 2027
While ‘Risks Related to Financial Infrastructure’ also increased.
Sri Lanka had spent only 17.4% of allocated 2026 total capital expenditure as of mid June
It has already surpassed the 2026 target on Oct 13
CB says fall in reserves caused by higher import outflows rather than intervention to protect the exchange rate
Central Bank kept its Overnight Policy Rate (OPR) unchanged at the current level of 8.75%
Sri Lanka witnessed a net inflow of over Rs.55.2 billion rupees (US$167.2 million) in last four straight weeks
The U.S. has proposed 12.5% tariff on Sri Lanka's exports given they contained imported goods using forced labours
Exporters Association of Sri Lanka Calls for Clear Implementation Framework on New Forced Labour Import Regulations
Gevorg Sargsyan was speaking at the Exporters' Association of Sri Lanka Annual General Meeting
“Growth was primarily driven by the financial and professional services sub-sectors, alongside notable gains in the in...
Broader global uncertainties still pose risks to the outlook, it added, mainly the challenging environment
Customs achieved 68.2 percent of this year’s target through July 14
ADB steps up crisis response support to help Asia and the Pacific manage energy, food price shocks and build resilience
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 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 | - | - |
Remittances up 23.2 percent to US$4,604.8 million in the first six months of this year compared to 2025
Central Bank has bought over US$556mn foreign currency in the first half of this year
Prolonged disruptions to energy markets caused by the Middle East conflict have weighed more heavily on the region
The tariff adjustments had already delivered in terms of government revenue, Deputy Minister told parliament
Goods imported under the prepayment system must arrive in Sri Lanka within 180, 365, or 730 days of payment.
Sri Lanka's tax revenue has doubled in the last four years
Sri Lanka witnessed over US$14.5 billion inflow in the previous week
Govt has aimed record tax revenue goal this year
Emerging trends in human trafficking, particularly technology-based recruitment, deceptive migration practices,
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read