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Sunday March 26th, 2023
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Country facing galloping inflation after Modern Monetary Theory
Protestors shout slogans demanding solutions to an economic crisis
It is helpful to know what a currency board is
A private sector source said conditions are worsening for private sector importers.
Prior to the crisis, the official said, Litro imported around 33,000 MT per month.
Sri Lanka also hit by import control
Prime Minister Mahinda Rajapaksa is expected to present a supplementary estimate to pay arrears for the contractors and ...
Sri Lanka should sign free trade deals with China and the Association of East Asian Nations to boost exports to Asia, n...
Sri Lanka's central bank will extend the deadline for a loan moratorium and new credit program for small and medium size...
Sri Lanka cut rates despite rising inflation because it was mainly 'food inflation' which would be temporary and rates w...
The new government's policies were formulated years before implementation says Nalaka Godahewa, Key Advisor to the Gover...
Sri Lanka's drug regulatory agency will put price controls on face masks, a top official said as pharmacies ran out supp...
Prime Minister Mahinda Rajapaksa is asking the state sector service to get moving to serve the public better.
Private firms which have provided services to Sri Lanka's government is in difficulties due to delayed payments Prime Mi...
Sri Lanka has not used Chinese debt appropriately to grow the economy after the end of the civil war, akin to eating a c...
Sri Lanka has asked domestic producers to boost the output of masks officials said as pharmacies ran dry after health au...
| Latest | Last | |
|---|---|---|
| US Dollar | 328.6083 | 334.9328 |
| UK Pound | 404.2407 | 411.1914 |
| Euro | 358.1529 | 359.7836 |
| Aus Dollar | 221.9914 | 225.8025 |
| Yen | 2.5191 | 2.5583 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.8504 | 4.0593 |
| Korea Won | 0.2471 | 0.2566 |
| Oman Rial | 824.2395 | 870.3981 |
| Saudi Riyal | 84.4779 | 89.2088 |
| UAE Dirham | 86.3927 | 91.2333 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,722.94 | -1.64% |
| CSE All Share | 9,395.98 | -1.38% |
| Turnover Rs million | 3,437,599,160 | 1,512,188,680 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 26.95 | 28.13 |
| 6-m bill | 26.26 | 27.13 |
| 12-m bill | 25.26 | 26.11 |
| 5-yr bond | 26.01 | 25.82 |
| 8-yr bond | 24.73 | 24.73 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Sri Lankan President Gotabaya Rajapaksa has called on heads of state owned enterprises to grow their profits while non-p...
Provincial councils in Sri Lanka have been asked to liberalize beverage licenses to improve tourism receipts to the coun...
Sri Lanka may have lost up between 9.9 to 10.4 billion rupees in over 1,100 direct placements of bonds made by-passing a...
The cabinet has green-lit a proposal to establish a "free trade zone" of international universities to attract foreign a...
Sri Lanka's Inland Revenue Department said it will cut income taxes on alcohol, tobacco, gambling, manufacturing and fin...
National inflation in Sri Lanka for the 12-months to December 2019 accelerated to 6.2 percent from 4.1 percent in Novemb...
Sri Lanka will hire 150,000 state workers made up of those who have passed the grade eight exam and 53,000 unemployed gr...
UNF Parliamentarian Hesha Withanage that President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa are now going...
Disasters are annually costing Sri Lanka 50 billion rupees, or around 0.4 percent of gross domestic product (GDP) in dam...
Sri Lanka's soaring food prices are due to bad weather and intermediaries, and they will come down in time for April New...
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