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Friday December 8th, 2023

IMF accepts India debt assurance for Sri Lanka, China, others awaited

Sri Lanka is engaged with other official bilateral creditors to obtain similar assurances

January 24, 2023 2 min read

Sri Lanka national inflation at 59.2-pct in Dec 2023

Food prices down for the third month

January 24, 2023 2 min read

Money to pay Sri Lanka state salaries on January 25 mostly found: Minister

Salaries will be paid on January 25

January 24, 2023 2 min read

Sri Lanka exporters getting advance payments in fix over forced fx conversion

Advance payments are converted before goods are shipped at least by two banks

January 23, 2023 2 min read
Sri Lanka finance ministry invites emailed questions on DDO

Responses will be posted on the website on the ministry website, the statement said.

Sri Lanka to resume diplomatic talks with Japan on cancelled LRT project

Former President Gotabaya Rajapaksa suddenly cancelled the project which was to be financed through a low-interest loan.

Sri Lanka prints Rs29bn a day after monetary 'tightening'

The de facto rate was set before the policy rate

August 22, 2021 1 min read

Sri Lanka hikes drug controlled prices amid money printing

Last increase given when the rupee was 196 Health Minister says

August 21, 2021 2 min read

China's 'capitalism' came in tiny steps, expert tells Sri Lanka forum

When China started reforms, it lacked technology and basic knowledge about market system: Ning Wang

August 21, 2021 6 min read

India sends 280 tonnes of oxygen to Sri Lanka

At total of 280 tonnes of liquid medical oxygen to reach the island

August 20, 2021 1 min read

Sri Lanka exports rebound to top US$1bn in July 2021

Exports up despite third wave Coronavirus

August 20, 2021 2 min read

Panic buying of petrol, diesel in Sri Lanka as money printing drives forex shortages

Long queues for diesel and petrol

August 20, 2021 3 min read

Sri Lanka central bank still not decided on possible Zimbabwe-style parastatal facility

Cabinet had decreed 4-pct loans for government and semi-government agencies

August 20, 2021 4 min read

Sri Lanka Central Bank helping clear containers stuck at port without forex: Governor

It is not the best method

August 20, 2021 3 min read

Sri Lanka 'official' exchange rate unchanged CB Governor says, amid parallel prices

Parallel exchange rates around 230 or higher

August 19, 2021 3 min read

Sri Lanka to keep Treasury auction ceiling yields: CB Governor

Small increases have been seen weekly

August 19, 2021 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka expects US$200mn Bangladesh swap in tranches from this week

Money to come in three tranches

August 19, 2021 2 min read

Sri Lanka to put ceilings on exporter dollar deposit rates

To reduce incentive to hold dollars

August 19, 2021 2 min read

Sri Lanka chamber chief suggests policy reforms

We as a nation we must also make sure that we are investor friendly

Mahadiya Hamza
August 19, 2021 5 min read

Sri Lanka hikes policy rate 50bp, SRR up 200bp as forex reserves run low

Reserves at 1.8 months, net reserves lower

August 19, 2021 8 min read

Sri Lanka to import Pakistan rice, establish mills after failed price stability efforts

Local consumers still pay higher prices amid rice shortage speculations.

August 18, 2021 2 min read

Sri Lanka small businesses lockdown town centres; TUs issue ultimatum

Trade associations in several towns have shuttered shops for a week

August 18, 2021 4 min read

Sri Lanka inks deal for RMB2.0bn loan from China Development Bank

Third tranche of a US$1.2bn equivalent facility

August 17, 2021 1 min read

Sri Lanka rupee non-credible peg breaks to 211-215 to US dollar

Most domestic banks are selling dollars at around 211 rupees

August 17, 2021 3 min read

Sri Lanka opposition calls for self-imposed Coronavirus lockdown

Over 6,000 deaths

August 16, 2021 2 min read

Sri Lanka hikes de facto policy rate by 05bp for second time

Rate taken up to 5.38-pct

August 16, 2021 2 min read