An Echelon Media Company
Wednesday December 7th, 2022

Sri Lanka coconut auction prices up 3.7-pct

Average prices up 5.6-pct over three weeks

December 4, 2022 1 min read

After crisis, Sri Lanka president moots 'regional educational hub' idea to preserve forex

Sri Lanka can be a regional hub for education, let us make up our mind, President says.

December 2, 2022 2 min read

Sri Lanka welcomes 59,000 tourists in November

The November number is the highest since April 2022.

December 2, 2022 2 min read

Sri Lanka debt restructuring: opposition MP warns of "China go home" protests

"They have forced  investments down this country thanks to the Rajapaksa family."

December 2, 2022 5 min read
Sri Lanka cleared to borrow cheaper IDA funds by World Bank

Loss of market access qualifies Sri Lanka for cheaper funds

Sri Lanka passport applications online as demand soars

Passport applicants may apply from the comfort of their home.

Sri Lanka President ends import ban that raised an ugly stink

Deo-odorants, anti-perspirants, shampoo, toilet waters and dental floss could be imported

November 24, 2022 3 min read

Sri Lanka tracking exports inflow, forex conversions around 25-pt: CB

Conversions are around 23-pct

November 24, 2022 4 min read

Sri Lanka bond yields marginally up, rupee steady

Admin controls if rates do not come down

November 24, 2022 1 min read

Sri Lanka hopes to go to IMF in January 2023: CB Governor

Confident of getting assurance from bilateral creditors in the coming weeks

November 24, 2022 2 min read

Sri Lanka market interest rates should fall despite debt restructuring fears : CB Governor

Inflation is falling, liquidity in the dollar market is improving, inter-bank liquidity shortage has also reduced

November 24, 2022 1 min read

Sri Lanka cenbank borrows mainly from short tenure T-bills to manage high cost - Governor

Borrowing cost is over 30%

November 24, 2022 1 min read

Sri Lanka shares slip in mid day trade following policy review meeting

The main All Share Price Index (ASPI) fell by 1.31% or 107.22 points within the first hour of trade. 

November 24, 2022 1 min read

Sri Lanka looking to purchase Russian oil at discounted pricing: foreign minister

“As our president put it, when the elephants fight, it’s the grass that gets trampled."

November 24, 2022 3 min read

Sri Lanka President needles opposition for dumping R Premadasa for Rajapaksa

Privatization or peopleisation was started under President Ranasinghe Premadasa

November 24, 2022 2 min read

Looming global recession threatens dollar earning of Sri Lanka's top exports

Decline in export orders could slowdown Sri Lanka's economic recovery

Roshani Fernando
November 23, 2022 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 371.7757 371.7599
UK Pound 442.7119 438.8584
Euro 387.1945 385.3880
Aus Dollar 253.0234 251.0798
Yen 2.6686 2.6603
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4818 4.4863
Korea Won 0.2748 0.2747
Oman Rial 944.1068 944.1068
Saudi Riyal 96.7270 96.7115
UAE Dirham 98.9627 98.9627
Source: Central Bank/Indicative
pts %
S&P SL20 2,464.20 -3.19%
CSE All Share 8,087.04 -2.47%
Turnover Rs million 1,626,658,918 1,576,314,848
Source: CSE
Latest Last
3-m bill 31.03 31.03
6-m bill 29.57 29.60
12-m bill 28.41 28.41
5-yr bond 27.49 27.57
8-yr bond 27.44 27.23
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka dollar borrowings drive debt-to-GDP expansion by June

Rupee debt holders suffer 35-pct IFR hair cut

November 23, 2022 2 min read

Venezuela printed money like Sri Lanka driving women into prostitution: Kabir

We are not against reforms. However the pain must be shared

November 22, 2022 4 min read

Sri Lanka parliament nod for 2023 budget with higher taxes, IMF reforms

Budget passed by 37 majority votes

November 22, 2022 2 min read

Sri Lanka’s CMC switches to vegetables amid looming food crisis

Sri Lanka is facing a looming food crisis following chemical fertilizer ban, economic crisis

Melkishiya Andrew
November 22, 2022 2 min read

Sri Lanka still believes domestic debt re-structure is not required: Minister

So that is why until the bilateral creditor discussions are over, we will not take a decision

November 22, 2022 2 min read

Sri Lankans migrant workers urged register to reduce trafficking risks

13,000 have gone abroad on visit visas

November 22, 2022 3 min read

Sri Lanka banks allowed to combine liquid assets of dollar and rupee books

From December 2022

November 22, 2022 1 min read

Sri Lanka national inflation eases to 70.6-pct in October 2022 from record high

The Central Bank has expected the inflation to ease from the last month.

November 21, 2022 1 min read

India top lender to Sri Lanka in 2022

Not counting ACU deferments

November 21, 2022 3 min read

Sri Lanka free trade deals drive 600-pct more exports than imports

Indo-Lanka Free Trade deal brings largest export volume

November 20, 2022 2 min read
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