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Monday November 9th, 2026
Economy

Sri Lanka central bank buys US$1,046mn since ACU credits ran out: analysis

Net purchases after rate hikes and so-called balance of payments surpluses started from the last quarter of 2022.

May 1, 2023 2 min read

Sri Lanka President suggests blocking share sales of privatized plantations

At a meeting of a plantations reform committee

April 30, 2023 3 min read

Main Sri Lanka goods and services exports in US$155mn surplus over imports in March

In 1Q 2023 goods exports and remittances were US$4,409mn US dollars and merchandise imports were US$2.998mn

April 29, 2023 2 min read

Sri Lanka inflation plunges to 35-pct in April 2023

Index falls absolutely in addition to base effect

April 29, 2023 1 min read
Sri Lanka to announce single overnight policy rate from Nov 27

The central bank will continue to target an average call money rate with liquidity operations

Local holders to join Sri Lanka bond exchange

Local investors, mostly banks, hold about 12 percent of the bonds

Sri Lanka government to compete with Agoda, Airbnb, collect Rs25bn: Budget 2017

Sri Lanka's government will set up a common booking platform for hotels in the country in place of international booking...

November 10, 2016 1 min read

Sri Lanka to list Mobitel, Hyatt, Waters Edge, Grand Oriental: Budget2017

Sri Lanka plans to list Mobitel, a unit of Sri Lanka Telecom, the planned Hyatt Hotel building, Water Edge and Grand Ori...

November 10, 2016 1 min read

Sri Lanka capital allowances for investments in north, east: Budget 2017

ECONOMYNEXT – Sri Lankan companies investing in under-developed areas like the north, east and Uva region will be...

November 10, 2016 1 min read

Sri Lanka to relax foreign borrowing limits of private firms: Buget2017

Sri Lanka will allow private firms to borrow more abroad but they have to hedge forex risks, Finance Minister Ravi Karun...

November 10, 2016 1 min read

Sri Lanka to give 5-year visas for foreign students:Budget2017

Sri Lanka will issue five year multiple entry visas for international students in the country, Finance Minister Ravi Kar...

November 10, 2016 1 min read

Sri Lanka to give Rs800,000 student loan for private degrees:Budget2017

Sri Lanka government support undergraduates who enter private tertiary education institutions with 800,000 rupee student...

November 10, 2016 1 min read

Sri Lanka add more regulations on chicken farmers; price controls remain: Budget 2017

Sri Lanka's chicken farmers will have to sell at least 40 percent of their output as price controlled whole chicken, Fin...

November 10, 2016 1 min read

Sri Lanka to allow import of CTC tea: Budget 2017

Sri Lanka will allow the import of tea produced on the cut-tear-curl method for export, Finance Minister Ravi Karunanaya...

November 10, 2016 1 min read

Sri Lanka to slap 5 percent tax on ethanol imports: Budget 2017

Sri Lanka will impose a 5 percent tax on ethanol imports and 2 percent tax on sugar to set up price stabilization fund f...

November 10, 2016 1 min read

Sri Lanka has to find better options for state pensions: Budget 2017

Sri Lanka has to find better options to serve state pensioner better, as the current unfunded pension scheme spells is f...

November 10, 2016 1 min read
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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 2017 budget aims for strong economic foundation: FinMin

Sri Lanka's 2017 budget is aiming to lay a strong foundation for growth and lower poverty, Finance Minister Ravi Karunan...

November 10, 2016 1 min read

Sri Lanka to grow 6.3-pct in 2017 with Chinese investments

Sri Lanka's growth will accelerate to 6.3 percent in 2017 from around 5.5 percent 2016 helped by expanding tourism, info...

November 10, 2016 1 min read

UK's Gemfields Plc builds Sri Lanka supply network

Gemfields Plc, a UK-based coloured gemstone firm, said it had added Sri Lanka to its supply chain, building links with s...

November 9, 2016 1 min read

Sri Lanka should improve climate for export FDI's, trim mega state, free trade: Advocata

Advocata Institute, a Colombo-based think tank, is proposing lower trade taxes and trimming public sector expenditure in...

November 9, 2016 19 min read

India abolishes larger banknotes in fight against graft, "black money"

Indian Prime Minister Narendra Modi on Tuesday announced that 500 and 1,000 rupee bank notes would be withdrawn from cir...

November 8, 2016 2 min read

Sri Lanka may retire bunched up bonds around 2021

Sri Lanka may retire dollar bonds that are 'bunched up' and maturing around 2021 with dollar inflows and sovereign offer...

November 8, 2016 2 min read

Call for greater fiscal profligacy in Sri Lanka; expansion of state services

A group of pro-state activists have called for greater spending in Sri Lanka, giving moral support for Sri Lanka's high ...

November 8, 2016 7 min read

Sri Lanka chamber warns on price controls; patients free choice hurt

Sri Lanka's top chamber warned that the free choice of sick people was being robbed as effective 'original' drugs made b...

November 6, 2016 6 min read

Sri Lanka focused on deficit reduction, capital gains on property

Sri Lanka's budget for next year will be "revolutionary" while narrowing the deficit through new revenue measures, inclu...

November 5, 2016 2 min read

Chinese query Sri Lanka allegations of corruption in contracts

COLOMBO, Nov 2 (Reuters) - China has criticised Sri Lankan allegations of bribery in the awarding of contracts to Chines...

November 2, 2016 2 min read