Notable
Sri Lanka Economic and Investment Summit Returns on 12-13 October for 26th Edition
Higher May inflows come after rupee falling to near four-year low
CB buys dollars on a net basis for the second month after being a net purchaser in previous 21 months
Investigations found Sri Lanka has "failed to impose and effectively enforce a forced labor import prohibition": USTR
Developing infrastructure, providing incentives for investors and promoting R & D also were discussed
Inflation has skyrocketed after oil price hike following the Middle East escalation
That is a more of a hot money type of operation
Rupee fell from 297 to 308 over 11 months amid over-purchasing dollars
Government expects to spend Rs. 72.2 billion in the next 25 days in this month
For 2025, Rs50 bn will be sought
The budget debate lasted 21 days.
This request is currently under consideration and subject to approval by the IMF board
Has sought $200mn relief
The shipment was formally handed over by the High Commissioner of the Maldives to Colombo
Also begun discussions on the $3mn grant for disaster relief
And right now, Staff is looking into options to further support Sri Lanka in the recovery proces
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Over 1.6 million hit from floods and landslides
Vietnam and Thailand get $2mn each
Customs has already reached its 2025 revenue target
Depletion of seed paddy also a concern
Customs have already reached its annual target of Rs. 2,115 bn already
Food prices have deflated 3.31 percent since September 2022
The World Bank has been commissioned to conduct the Global Rapid Post-Disaster Damage Estimation
We will take action through supplementary estimates and Parliament to secure additional provisions
Floods peaking in most areas except downriver Mahaweli in Trincomalee district
One million hit by floods and landslides
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