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Monday November 9th, 2026
Economy

Sri Lanka EPF real return negative 47-pct in 2022, steep US dollar hair cut: Harsha

In US dollar terms the EPF has also been hit by a hair cut

May 15, 2023 2 min read

Sri Lanka making progress on IMF deal: Minister

Creditors are showing they want to sort out the debt issues

May 15, 2023 1 min read

Sri Lanka's less complex divestitures to be wrapped up in 2023

At the moment parties making inquiries about firms are directed to publicly available information

May 14, 2023 2 min read

Sri Lanka's April remittances up 83% as more expatriate use official channels 

Remittances plunged to $3.8 bln in 2022 due to government's wrong policies

May 13, 2023 2 min read
Sri Lanka President discusses new govt’s policy priorities with World Bank ED

WB is prepared to convene an advisory group to explore initial steps to back govt's development priorities

Sri Lanka’s ruling NPP never said to change DSA: Legislator

Ruling NPP has not done any drastic change in IMF-led reforms so far

Sri Lanka to sell US1.5bn in dollar bonds in domestic markets

Sri Lanka's cabinet of ministers had approved the sale of 1.5 billion US dollars of bonds in domestic markets this year,...

January 11, 2017 1 min read

Sri Lanka, New Zealand, Singapore deal proposed to boost commonwealth trade

Sri Lanka's Deputy Foreign Minister Harsha de Silva had talks with Singapore officials over a proposed tripartite trade ...

January 11, 2017 1 min read

Sri Lanka finance minister feted by UK magazine

UK-based The Banker magazine has selected Sri Lanka's Ravi Karunanayake as the Finance Minister of the Year for the Asia...

January 10, 2017 1 min read

Has the era of export-led growth ended? Implications for Sri Lanka

Ganeshan Wignaraja, an advisor at the Asian Development Bank, will deliver a lecture on export-led growth, hosted by Adv...

January 10, 2017 1 min read

Sri Lanka's tight visa regime may be blocking export diversification

Countries that have stronger export growth and diversification into high-value goods than Sri Lanka have more freedom fo...

Asantha Sirimanne
January 10, 2017 3 min read

Hong Kong's overnight yuan borrowing rate surges to to 61 pct

Hong Kong's overnight yuan borrowing rate rallied again on Friday to its highest in nearly a year, as traders scrambled ...

January 9, 2017 1 min read

Sri Lanka in money printing spree to repay debt in New Year

Sri Lanka has printed tens of billions of rupees, in one of the largest volumes of central bank credit extended in a sin...

January 9, 2017 4 min read

Sri Lanka ends 2016 with US$6.062bn in forex reserves

Sri Lanka ended 2016 with 6,062 billion US dollars in forex reserves, up 418 million dollars from November's 5,644 milli...

January 7, 2017 2 min read

Sri Lanka to repay high interest loans with Hambantota cash: FinMin

Sri Lanka plans to settle high interest loans taken by the state from sale proceeds of Hambantota Port, Finance Minister...

January 6, 2017 1 min read

Sri Lanka central bank chief warns against political expedience in policy making

ECONOMYNEXT – Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy has called for government policy mak...

January 5, 2017 3 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka monetary policy should allow government needs: FinMin

Sri Lanka's monetary policy should be conducted by the Central Bank so government needs are accommodated, Finance Minist...

January 5, 2017 3 min read

Sri Lanka business lobby supports central bank policy shifts

ECONOMYNEXT – Sri Lanka’s top business chamber has welcomed the Central Bank’s shift to a flexible ...

January 5, 2017 3 min read

China's choices narrowing as it burns through FX reserves to support yuan

As China's foreign exchange reserves threaten to tumble below the critical $3 trillion mark, the biggest fear for invest...

January 5, 2017 4 min read

Sri Lanka has stabilized economy, investments to come now: PM

Sri Lanka has stabilized the economy with the help of a program with the International Monetary Fund, and it is now read...

January 4, 2017 1 min read

Sri Lanka to decriminalize forex transactions, relax exchange controls

Sri Lanka will decriminalise foreign exchange transactions, replacing a draconian law that bans the use of foreign curre...

January 4, 2017 3 min read

Sri Lanka expects higher growth in 2017, but drought a risk

ECONOMYNEXT – Sri Lanka’s economy is expected to expand 5.5-6.0% in 2017, up from an estimated 4.5-5.0% la...

January 3, 2017 2 min read

Sri Lanka index reveals regional disparities in prosperity

ECONOMYNEXT – Prosperity, measured by the Sri Lanka Prosperity Index (SLPI), improved in 2015 from the previous y...

January 3, 2017 2 min read

Sri Lanka tax revenues up in October 2016, deficit lower

Sri Lanka's state revenues rose to Rs1,333 billion in the 10 months to October 2016, while the overall budget deficit fe...

January 3, 2017 1 min read

Sri Lanka tax payers to provide health insurance for school children

Sri Lanka's tax payers will provide a 200,000 insurance cover to 4.5 million school kids in the country, the finance min...

January 2, 2017 1 min read

Sri Lanka misses some IMF benchmarks

Sri Lanka's has missed some structural benchmarks under outlined in a program with the International Monetary Fund for D...

January 2, 2017 3 min read