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Monday November 9th, 2026
Economy

Sri Lanka budget support IMF loan for debt repayment or rupee expenses

Anything remaining they can sell to the central bank, take rupees and spend for local expenditure

April 5, 2023 1 min read

Sri Lanka central bank keeps policy rates unchanged as liquidity eases

sri lanka foreign reserves rose to US$2.7bn

April 4, 2023 8 min read

Sri Lanka economy to shrink 3.0-pct in 2023, grow in 2024: ADB

The outlook is clouded by uncertainty concerning progress on debt restructuring

April 4, 2023 2 min read

Sri Lanka’s state-run LP gas firm reduces prices on easing global price

The appreciation of the rupee currency also has helped the price reduction

April 4, 2023 1 min read
Sri Lanka central bank's net reserves brought to almost zero by Sept 24

Central bank;s foreign assets position improved to negative $175mn from negative US$4.6bn at height of currency crisis

Sri Lanka EC says social media platforms refused to take down 87 contents

The EC has complained over 490 contents/links in social media.

Sri Lanka to set up Public Enterprise Board; new law next month

Sri Lanka is to introduce a law to state-owned enterprises and set up a Public Enterprise Board with top executives sour...

August 3, 2016 2 min read

Sri Lanka needs structural reforms for sustained growth: CB Governor

Sri Lanka needs structural reforms for sustained growth, and monetary policy has to play a stabilization role to allow p...

August 3, 2016 5 min read

Sri Lanka can collect Rs700bn more from customs duty: FinMin

ECONOMYNEXT - Sri Lanka can boost customs revenue by Rs700 billion to Rs1,500 billion a year by installing scanning mach...

August 2, 2016 1 min read

Sri Lanka needs fiscal discipline to come out of economic crisis: President

Sri Lanka has engaged in large scale mis-spending that has pushed up debt, and has to re-think subsidies, but cutting en...

August 2, 2016 2 min read

Sri Lanka resorting to 'supreme idiocy' of price controls: Razeen Sally

Sri Lanka's economic policy has deteriorated to the 'supreme idiocy' of resorting to price controls after generating inf...

August 2, 2016 2 min read

Sri Lanka apparel exports up 3.1-pct in April

Sri Lanka's apparel exports in April 2016 rose 3.1 percent from a year earlier to $340.5 million, with shipments in the ...

August 2, 2016 1 min read

Sri Lanka economic forum on boosting growth, trade and investment kicks off with President

An economic forum organised by Sri Lanka's Ceylon Chamber of Commerce will be inaugurated Tuesday by President Maithripa...

August 2, 2016 2 min read

Sri Lanka budget deficit narrows up to May: CB official

Sri Lanka's budget deficit has narrowed to 2.7 percent of estimated gross domestic product for 2016, down from 2.7 perce...

August 1, 2016 1 min read

World Bank's Sri Lanka strategy targets economic stability, social inclusion

ECONOMYNEXT – The World Bank Group’s new Country Partnership Framework (CPF) for Sri Lanka up to 2020 emph...

August 1, 2016 2 min read

Sri Lanka exports down in May, remittances, tourism up

Sri Lanka's imports rose 0.3 percent from a year earlier to 1,590 million US dollars in May 2016, exports fell 12.0 perc...

July 31, 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 forex reserves rise to US$6.4bn by July: CB Official

Sri Lanka's forex reserves rose to 6.4 billion US dollars by the last week of July up from 5.3 billion US dollars at the...

July 30, 2016 1 min read

Sri Lanka wants private credit to slow to 20-pct: CB Governor

Sri Lanka would like to see private credit growth to slow to around 20 percent by the year-end from the current 28 perce...

July 29, 2016 2 min read

Sri Lanka inflation in Colombo 5.5-pct in July 2016

ECONOMYNEXT - Consumer prices in the Sri Lankan capital Colombo rose by 5.5 percent in July from a year ago, deceleratin...

July 29, 2016 1 min read

Sri Lanka can top 5.0-pct growth after rate hike: CB Governor

Sri Lanka raised policy rates to 'lean against' any fiscal slippage from a delayed value added tax hike and higher than ...

July 29, 2016 1 min read

John Keells Holdings profits up 9-pct in June

Profits at Sri Lanka's John Keells Holdings rose 9 percent to 2.3 billion rupees in the June 2016 quarter from a year ea...

July 29, 2016 1 min read

Sri Lanka tightens monetary policy under new CB Governor

Sri Lanka raised its policy rate at which printed money is 50 basis points to 8.50 percent, reducing arbitrage profits t...

July 29, 2016 4 min read

Sri Lanka raises policy rate by 50bp to 8.50-pct

ECONOMYNEXT - Sri Lanka's central bank Thursday raised to 8.50 percent its Standing Lending Facility Rate (SLFR), the po...

July 28, 2016 4 min read

Sri Lanka tax breaks for companies leasing state land

Sri Lanka’s government has decided to give tax relief that benefit mainly small and medium enterprises which leas...

July 28, 2016 1 min read

Sri Lanka CB Governor promises stability, no quick monetary 'sugar highs' for markets

Sri Lanka's central bank will aims to create a stable environment for companies to grown and make higher profits but the...

July 28, 2016 3 min read

Sri Lanka professionals misleading public on India trade deal, govt says

Sri Lanka’s government said professional and business lobbies opposing efforts to enter into an economic pact wit...

July 27, 2016 3 min read