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Thursday December 2nd, 2021
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Sri Lanka is among countries in the world that has handled the Coronavirus better than most
5 min read
Sharply higher rates and a currency fall
5 min read
Food prices have been surging amid trade restrictions
5 min read
Food prices have risen 34-pct since the current bout of inflationary policy began
We do not have to beg and bend in two (hingar kun-ner, dekerter namen-ner) before the IMF or other creditors
2 min read
"There was an in depth discussion on the pros and cons of going to the IMF, but no decision was taken," he said.
1 min read
We made this decision to manage limited foreign exchange to import essential foods
4 min read
Extending retirement age will compound the problem
2 min read
Remittance fall amid a credibility loss of a peg at 203
2 min read
Most of these institutions do not provide returns on the investments made by the government
2 min read
Net Profits at Sri Lanka’s NDB Bank grew 24 percent to 1.8 billion rupees in the September 2021
2 min read
'Our leaders and financial sector experts have failed to bring a long term programme to manage our foreign reserves'
5 min read
Looking to engage with goverment
5 min read
Windfall taxes are now being shown to be a habit. Super Gains Tax returns as 25-pct surcharge
5 min read
| Latest | Last | |
|---|---|---|
| US Dollar | 202.0474 | 202.0474 |
| UK Pound | 268.7331 | 269.2383 |
| Euro | 228.7177 | 228.3338 |
| Aus Dollar | 144.3831 | 144.4841 |
| Yen | 1.7815 | 1.7776 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 2.6936 | 2.6920 |
| Korea Won | 0.1711 | 0.1702 |
| Oman Rial | 524.7916 | 524.7916 |
| Saudi Riyal | 53.8563 | 53.8592 |
| UAE Dirham | 55.0073 | 55.0073 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,900.02 | 1.84% |
| CSE All Share | 11,440.53 | 2.13% |
| Turnover Rs million. | 2,191,558,044.10 | 10,054,526,815 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.56 | 7.63 |
| 6-m bill | 7.91 | 7.88 |
| 12-m bill | 8.25 | 8.16 |
| 5-yr bond | 10.56 | 10.58 |
| 8-yr bond | 11.21 | 11.20 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 5.93 | 5.99 |
| Gilt Repo | 5.14 | 5.14 |
| I-m SLIBOR | - | - |
Remittance surrenders are from voluntary conversions
2 min read
Officials have not even told me all the items since I may accidentally disclose them
2 min read
Unemployed graduates agitate lifetime jobs and pensions to take taxes home
2 min read
The Securitised Financing Arrangement could be in USD, Euro, Renminbi, Yen, or in a Gulf Cooperation Council currency
4 min read
Many are rotting away
1 min read
Plans to reduce deficit from 11.1-pct of GDP to 8.8-pct
5 min read
Sri Lanka's budget for 2022 has proposed new taxes
3 min read
Lands owned by Department of Railways are currently not being utilized productively.
1 min read
The central bank has said earlier exporters who do not convert will be charged a higher tax
1 min read
There are many accidents and this will discourage them
1 min read
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2 min read