An Echelon Media Company
Friday June 2nd, 2023

India gifts kerosene to fishermen in Northern islets in soft-peg collapse

India has gifted 15,000 liters of kerosene to fishermen in several islets in the North of the island

May 28, 2022 1 min read

Sri Lanka President assures independence to central bank

Meets Governor Nandalal Weerasinghe

May 28, 2022 3 min read

India gifts Sri Lanka drugs as currency collapse, price controls hit supplies

Medical supplies also send to the Suwaseriya ambulance service

May 28, 2022 2 min read

Sri Lanka in talks with India to re-structure and expand trade credits

Possibility of increasing and restructuring the assistance provided by India in the form of credits

May 28, 2022 2 min read
Sri Lanka exporters to get Swiss import promotion support

Export Development Board has been cleared by the cabinet to sign a deal with Swiss program.

Sri Lanka has food for several months says agri ministry, Coronavirus count 97

Sri Lanka has enough food for several months, the Ministry of Agriculture said, while urging people not to crowd around ...

March 24, 2020 2 min read

Sri Lanka delays tax and debt collections, state to intervene in financial markets

Sri Lankan President Gotabaya Rajapaksa in a statement said a host of new relief measures to combat the COVID-19 coronav...

March 24, 2020 4 min read

Sri Lanka President pledges US$5mn to Modi's South Asia Coronavirus fund

Sri Lanka President Gotabaya Rajapaksa has pledged 5 million US dollars to a South Asian emergency fund for anti-Coroanv...

March 23, 2020 1 min read

Sri Lanka president has powers to spend, fund Coronavirus fight: PM

Sri Lanka's President has constitutional powers to allocate funds for government activities as well as the fight against...

March 23, 2020 1 min read

As Coronavirus curfew lifts Sri Lanka retailers to restrict entry, limit panic buying

Sri Lankan supermarket chains will limit the number of customers entering stores in a move to control the spread of Coro...

Mahadiya Hamza
March 22, 2020 3 min read

Co-op stores to open soon as curfew is lifted

Prime Minister Mahinda Rajapaksa has advised officials to ensure that food and other essential commodities are released ...

March 21, 2020 1 min read

Sri Lanka makes mini-budget till May 2020 under Presidential powers

Sri Lanka has made a three month mini-budget running from March to May 2020, using constitutional powers given to Presid...

March 21, 2020 2 min read

Sri Lanka to buy US$760mn in chemical fertilizer

Sri Lanka's cabinet of ministers has approved the purchase of 760 million US dollars in chemical fertilizer from the wor...

March 20, 2020 1 min read

Sri Lanka in lockdown-style Coronavirus curfew as count moves up, markets wobble

Sri Lanka Friday announced lockdown-style curfews to cover the entire country, while island's Coronavirus count went to ...

March 20, 2020 4 min read

Sri Lanka halts imports of cars, electronics, perfumes, after soft-peg pressure

Sri Lanka has halted the imports of cars, perfumes, tyres, footwear, airconditors, refrigerators, mobile phones, televis...

March 20, 2020 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 283.8763 290.6745
UK Pound 352.3039 358.1710
Euro 302.2424 309.9647
Aus Dollar 183.5776 188.4064
Yen 2.0303 188.4064
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5400 3.5935
Korea Won 0.2216 0.2248
Oman Rial 759.5857 770.5802
Saudi Riyal 77.9716 79.1149
UAE Dirham 79.6253 80.7822
Source: Central Bank/Indicative
pts %
S&P SL20 2,470.42 2.02 %
CSE All Share 8,668.40 1.59 %
Turnover Rs million 1,335,527,883 575,340,332
Source: CSE
Latest Last
3-m bill 24.64 24.60
6-m bill 24.24 24.36
12-m bill 22.37 22.36
5-yr bond 24.98 24.79
8-yr bond 23.82 23.16
Source: Central Bank/Indicative
today yesterday
Overnight Money 14.00 16.50
Gilt Repo 14.00 16.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka biz chambers suggest COVID-19 strategies

Sri Lanka's Joint Chambers of Commerce has written to President Gotabaya Rajapaksa suggesting ways to overcome the curre...

March 19, 2020 6 min read

Sri Lanka President okays funds for Covid-19 battle, troubled firms: Minister

Sri Lanka's President Gotabaya Rajapaska had released 64 billion rupees to government supplier including importers of dr...

Imesh Ranasinghe
March 19, 2020 1 min read

Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse

Sri Lanka to build a 200 billion rupee fuel price stability fund, by keeping oil prices fixed Minister Bandula Gunewarde...

March 19, 2020 2 min read

Sri Lanka gets US$500mn loan to help fight Coronavirus China says

China and Sri Lanka had inked a 500 million dollar loan agreement which could be used to fight Coronavirus Beijing's emb...

March 18, 2020 1 min read

Sri Lanka lifts taxes on masks, disinfectants in COVID-19 battle

Sri Lanka is removing taxes on imported masks and disinfectants to as demand increases due amid a Coronavirus epidemic, ...

March 18, 2020 1 min read

Sri Lanka Coronavirus fight joined by curfew, credit relief and border controls

Sri Lanka President Gotabaya Rajapaksa asked bank not to collect debt from Coronavirus hit businesses, blocked foreign a...

March 18, 2020 4 min read

Sri Lanka Central Bank Governor asks markets to remain calm

Sri Lanka's Central Bank Governor W. D. Lakshman called on financial institutions to not speculate and cause panic in th...

March 17, 2020 2 min read

Sri Lanka cuts rates 25bp, reserve ratio 100 in emergency move over Coronavirus

Sri Lanka has cut its policy rate corridor 25 basis points and also cut the statutory reserve ratio 100 basis points to ...

March 16, 2020 4 min read

Fed cut rates, key floating central banks to open taps on Coronavirus pandemic

The US Federal Reserve and other central banks announced on Sunday a bold set of measures to shore up confidence hit by ...

March 16, 2020 4 min read

Sri Lanka wholesale and retail, external trade will operate Monday

Sri Lanka's public holiday declared for Monday March 16 as an anti-Coronavirus measure will not apply to the wholesale,...

March 15, 2020 1 min read