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Sunday May 19th, 2024
Economy

Standard Chartered Sri Lanka makes Indian rupee outward payment

Sri Lanka's Standard Chartered Bank said it had made its first Indian rupee remittance on behalf of company to Mumbai

April 28, 2023 1 min read

Sri Lanka foreign minister to attend ADB meeting

Sri Lanka's foreign minister Ali Sabry will attend a meeting of Asian Development Bank Governors, on May 02,2023

April 28, 2023 1 min read

Sri Lanka central bank makes Rs788bn forex loss in 2022, net loss Rs374bn

Profits from printing money for private sector lending and government Rs437bn

April 28, 2023 3 min read

Sri Lanka projects higher economic growth than IMF up to 2027

IMF projected 3.1 pct growth for 2027 against 5.0 percent by the central bank

April 28, 2023 2 min read
Sri Lanka flexible for investor to start Grand Hyatt operations – Minister

No investor has come forward for Grand Hyatt, a hotel constructed with public money under ex-leader Mahinda Rajapaksa

Sri Lanka to call RFP for value addition, upgrading of some SOEs

Most Sri Lankan minerals are mostly exported as raw materials

Sri Lanka opp lawmaker accuses govt of representing interests of "rice mafia"

The MP also claimed that the current leadership’s image as a fearless doer has waned.

September 29, 2021 3 min read

Sri Lanka shortages and blackmarkets not the actual intention of price controls: Minister

'We are not deliberately creating these conditions (thuth-wer athi-karalar) and trying to take these decisions'

September 29, 2021 3 min read

Sri Lanka’s CMC seeks property registration to boost revenue

“There are properties that haven’t been registered for 200 years,” Iqbal said.

Mahadiya Hamza
September 28, 2021 2 min read

Sri Lanka sells 16.8bn in bonds, yields up, post-auction tap open

Post auction tap open till 1600hours on Sept 30

September 28, 2021 4 min read

Sri Lanka to import 100,000 tonnes of 'healthy', non-organic rice, as prices soar

There is a food controller from the health ministry when we import any foods,

September 28, 2021 2 min read

Sri Lanka to give US$50mn to clear 800 containers stuck at port: Consumer Minister

"The Prime Minister asked the Finance Ministry to release foreign currency to clear the containers."

September 28, 2021 1 min read

Sri Lanka cabinet clears Appropriation Bill for 2022 outlining budget allocations

The bill sets out allocations for each ministry and also borrowing limits

September 28, 2021 1 min read

Sri Lanka debt rises to 104-pct of GDP by June 2021

Debt to GDP had risen steadily through 'revenue based fiscal consolidation'

September 28, 2021 3 min read

Sri Lanka CB Governor warned on pitfalls by Wijewardene amid contradictory rupee moves

"The result was the lengthening of the queue for dollars and the expansion of the black market further."

September 28, 2021 5 min read

EU to review Sri Lanka’s access to GSP+ trade concession amid rights abuse concerns

The EU delegation visit comes after two key incidents of alleged human rights violations in the last two weeks.

September 27, 2021 6 min read
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Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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 central bank explains forex repatriation, Zimbabwe style surrender rules

Reserve Bank of Zimbabwe raised its surrender requirement to 40-pct in January.

September 27, 2021 7 min read

Sri Lanka markets being allowed to work, confidence key: Governor Cabraal

What we are doing is allowing markets to move in the way that they should perform

September 27, 2021 3 min read

Cabraal removes Sri Lanka bond auction price controls

Rs 2bn printed after last week's bill auction despite low forex reserves

September 27, 2021 2 min read

Sri Lanka CB Governor meets envoy of forex reserve rich Bangladesh

Bangladesh forex reserves surged as reserve money grew from NFA

September 27, 2021 3 min read

Sri Lanka in talks for milk credit line from New Zealand

Sri Lanka spends about 300 million dollars a year on diary product imports

September 26, 2021 1 min read

Sri Lanka CB Governor meets exporters and importers

The exchange of views with the main #Importers & #Exporters in Sri Lanka was very helpful

September 26, 2021 3 min read

Sri Lanka prints Rs103.5bn below 3-month Treasuries yield to reverse SRR

Money injected for 87 days below the market risk free rate

September 25, 2021 3 min read

Sri Lanka extends deadline for foreign currency loan

The extension was given because some investors requested more time to get internal approvals

September 25, 2021 1 min read

Sri Lanka seeks UAE help in buying oil

Discussion are also under way with the Indian government for a 500 million US dollar credit line to buy fuel.

September 24, 2021 2 min read

Sri Lanka in talks with India for $500mn credit line for oil: Jayasundera

So that petroleum burden would be reduced

September 24, 2021 3 min read