An Echelon Media Company
Monday November 9th, 2026
Economy

Sri Lanka opposition questions legality of COPF decision on T-bills

“But what happened after? You brought in your kangaroo chairman,” he said.

May 12, 2023 4 min read

Sri Lanka’s trade deficit to widen with relaxation of import bans - CB official 

The Central Bank expects the widening of the trade deficit will start once they relax the compressed import ban.

May 12, 2023 2 min read

Sri Lanka services exports rise 5.9-pct up to March 2023

Exports is made up of IT or Business Process Management (BPM), construction, financial services, transport and logistics

May 11, 2023 1 min read

Sri Lanka opposition SJB issues letters of demand for X-Press Pearl disaster

“These shipping companies seem to think there are groups in this country that can be bought," said Premadasa.

May 11, 2023 3 min read
Sri Lanka goods exports rise 18.22-pct in October 2024, apparels, tea, rubber, coconut up

During the ten months to October exports rose 7.04 percent to 10.6 billion dollars.

Sri Lanka central bank net foreign reserves just above zero

With the use of swaps, ACU and IMF borrowing the central bank printed money till reserves dropped US$4.6bn into negative

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
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 keeps rates unchanged in December

Sri Lanka's central bank said it is keeping policy rates unchanged in December with inflation rising 4.1 percent during ...

December 30, 2016 3 min read

Sri Lanka inflation accelerates to 4.1-pct in 2016

Sri Lanka's inflation rose to 4.1 percent in the 12-months to December 2016, accelerating from 3.4 percent in November w...

December 30, 2016 1 min read

Sri Lanka pharmacies compensated for losses from price controls

Sri Lanka's pharmaceutical firms said they had compensated most pharmacies for losses made after the state slapped price...

December 29, 2016 1 min read

Sri Lanka's rupee peg crawls down in 'flexible' exchange rate

Sri Lanka's unstable peg with the US dollar has started to crawl down amid claims that a weaker rupee will help exports ...

December 29, 2016 8 min read

Sri Lanka seeks billion dollar 3-year loan

Sri Lanka has called proposals from banks to borrow one billion US dollar for up to three years, which lenders can provi...

December 28, 2016 1 min read

Sri Lanka to better manage subsidies

Sri Lanka will set up a Welfare Benefits Board to manage and select beneficiaries of subsidies, which is expected to all...

December 28, 2016 2 min read

Sri Lanka warned to expect worst drought disaster in four decades

Sri Lankans have been warned to conserve water and electricity as the country braces for the perhaps the worst drought s...

December 28, 2016 3 min read

Sri Lanka unemployment spikes in 2Q but non-farm jobs up

Sri Lanka's unemployment rate spiked to 4.6 percent in the third quarter of 2016 from 4.2 percent a quarter earlier, ami...

December 27, 2016 2 min read

Sri Lanka inflation targeting plan could be threatened by fiscal dominance: study

Sri Lanka's plan to move into a so-called flexible inflation targeting regime may be threatened by pressure from the fin...

December 26, 2016 3 min read

Coomaraswamy should be backed to make Central Bank of Sri Lanka independent: Razeen Sally

Sri Lanka's Central Bank Governor Indrajit Coomaraswamy should be supported in his efforts to make the agency independen...

December 24, 2016 3 min read