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Monday November 9th, 2026
Economy

USAID to provide technical assistance for Sri Lanka's energy reforms

The government has defended its moves to restructure loss-making state-owned enterprises (SOEs).

May 8, 2023 2 min read

Sri Lanka govt looking to distribute responsibility for IMF deal: G L Peiris

The MP added that the government was keen to pin the responsibility on parliament.

May 8, 2023 3 min read

Sri Lanka hikes import taxes on wheat flour to boost rice farmer profits

As a close substitute for rice, the price of wheat has to be 'managed' Minister Siyambalapitiya said.

May 8, 2023 1 min read

Sri Lanka citizens given extra duty free baggage on inward remittances

A 'Platinum' category that had remitted over 24,000 dollars would get an extra 4,800 dollars

May 8, 2023 1 min read

Sri Lanka negotiating US200mn swap with China Development Bank

Sri Lanka's central bank close to finalizing a 200 million US dollar swap with China Development Bank, Governor Indrajit...

November 29, 2016 1 min read

Sri Lanka exports up in September, imports down

Sri Lanka exports grew 5.7 percent from a year earlier to 989 million US dollars in September 2016 and imports fell 2.5 ...

November 29, 2016 1 min read

Sri Lanka holds rates, state credit picks up

Sri Lanka's Central Bank kept policy rates unchanged, saying private credit has started to slow in September but money s...

November 29, 2016 2 min read

Central Bank Watch: Zimbabwe launches new currency; chaos expected

Zimbabwe launched a "bond notes" currency which held its value against the U.S. dollar on Monday, despite warnings that ...

November 29, 2016 4 min read

Sri Lanka sharp tax changes, weak economic freedoms hurting progress

Sri Lanka's sharp hikes in tax rates and weak economic freedoms are undermining the hotel investment environment, despit...

November 29, 2016 3 min read

Sri Lanka to bring new foreign exchange controls

Sri Lanka will bring a new foreign exchange law 'to protect foreign reserves from irregular transactions' a budget for 2...

November 26, 2016 1 min read

Hayleys wins Sri Lanka’s ‘Best Corporate Citizen Sustainability Award’

ECONOMYNEXT – Sri Lanka’s Hayleys PLC group emerged the winner of the ‘Best Corporate Citizen Sustai...

November 25, 2016 3 min read

Sri Lanka loosens policy; signals longer term rates

Sri Lanka's central bank has begun permanently sterilizing forex outflows by outright purchases of domestic assets in a ...

November 25, 2016 5 min read

Sri Lanka trade financing benefited state banks, SOEs, ADB finds

ECONOMYNEXT – Trade financing provided by the Asian Development Bank (ADB) has large been used by Sri Lankan gove...

November 24, 2016 2 min read

Sri Lanka Ayurveda spa to expand to Europe, China, Australia

Sri Lanka's Spa Ceylon Luxury Ayurveda, a brand based on traditional natural treatments and remedies, has opened a secon...

November 24, 2016 2 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 exporters say budget tax hikes a disincentive

ECONOMYNEXT – The Exporters Association of Sri Lanka (EASL) said it welcomed measures in the government’s ...

November 23, 2016 2 min read

Sri Lanka sterilizes forex interventions with outright cash

Sri Lanka's central bank bought Rs4.0 billion in Treasury bills from the market participants injecting printed money up ...

November 22, 2016 3 min read

ADB urged to intensify support for Sri Lanka policy reforms

ECONOMYNEXT – The Asian Development Bank (ADB) should intensify support for policy reform in Sri Lanka’s i...

November 21, 2016 3 min read

Sri Lanka national consumer prices rise 5.0 pct y/y in Oct

COLOMBO, Nov 21 (Reuters) - Sri Lanka's rate of inflation, as measured by the National Consumer Price Index (NCPI), rose...

November 21, 2016 1 min read

Sri Lanka domestic credit shrinks in August, forex reserves up

ECONOMYNEXT - Sri Lanka's credit from commercial banks contracted Rs79 billion in August 2016, with credit to the govern...

November 21, 2016 1 min read

Sri Lanka could attract 2,500 Chinese companies: CB Chief

China has indicated that up to 2,500 companies looking to invest abroad could invest in Sri Lanka if the island can crea...

November 21, 2016 2 min read

Sri Lanka economy stabilizing says IMF; US$162mn released

The International Monetary Fund has released 162 million US dollars under its three year program with Sri Lanka saying e...

November 19, 2016 3 min read

Sri Lanka budget approved with more than two thirds majority

Sri Lanka's budget was approved by parliament Friday with an overwhelming majority of 107 votes, far in excess of what t...

November 18, 2016 1 min read

Sri Lanka top chamber backs tighter deficit; warns on interference in business

Sri Lanka's Ceylon Chamber of Commerce, the country's largest trade association, backed the proposed budget with a lower...

November 17, 2016 5 min read

Sri Lanka nationalists re-emerge after Trump win in the US

A senior Sri Lankan minister has started to push nationalism and restrictions on consumer freedoms after white supremaci...

November 17, 2016 4 min read