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Monday November 9th, 2026
Economy

Sri Lanka to make presentation to creditors on IMF deal on March 30

Chaired by CB Governor and Treasury Secy

March 24, 2023 1 min read

Sri Lanka to hit smokers, drinkers with index linked taxes

Hike taxes on alcohol and tobacco taxes again in June 2023

March 24, 2023 1 min read

Sri Lanka to lend US$2.5bn to US and top-rated borrowers in 2023 under IMF deal: analysis

Sri Lanka is to get around US$663mn from the IMF in 2023

March 24, 2023 5 min read

Sri Lanka president says state need not do business; seven SOEs to be divested

“India is selling their airports, profit making ones. India has come to that stage. We have to go there too.”

March 23, 2023 2 min read
Consistent updates on economic strategies needed from Sri Lanka gov: Former minister

Updates from government on economic strategies, with clear timelines for policy implementations, would provide assurance

Sri Lanka central bank ready for vehicle import relaxation: Governor

It is a decision by the government, the fiscal authority

Sri Lanka capital outflows near US$600mn in 2016 1Q

Sri Lanka has seen capital outflows of nearly 600 million dollars in the first quarter of 2016, with sales by foreign in...

June 26, 2016 2 min read

Sri Lanka manufacturing PMI down in May, services up

Sri Lanka's purchasing managers index (PMI) for manufacturing has dropped two months in a row, with the index recording ...

June 25, 2016 1 min read

Sri Lanka's central bank needs new Governor without delay

Sri Lanka's central bank needs a new Governor to be in office by preferably by end-of-day June 30, so that officers will...

June 25, 2016 2 min read

Sri Lanka maintains policy rate at 8-pct

ECONOMYNEXT - Sri Lanka's central bank said Friday that it is keeping unchanged at 8.0 percent, its Standing Lending Fac...

June 24, 2016 4 min read

Sri Lanka business chamber says Britain’s EU exit could hit trade, loans

ECONOMYNEXT – Sri Lanka’s exports to Britain and the European Union could be affected by Britain’s ...

June 24, 2016 3 min read

Japanese firms eye Sri Lanka energy, real estate investments

ECONOMYNEXT – A Japanese business delegation visiting Sri Lanka has shown interest in a number of key sectors suc...

June 24, 2016 1 min read

Sri Lanka braces for Brexit fallout as the Sterling plunges

Sri Lanka's is bracing for the fallout of of Brexit as Britain voted to leave the European Union, a top export destinati...

June 24, 2016 3 min read

Sri Lanka CB Governor not to seek re-appointment until probe ends

Sri Lanka's embattled Central Bank Governor Arjuna Mahendran will not seek a re-appointment when his term ends this mont...

June 24, 2016 1 min read

Sri Lanka financial market calm amid Brexit, Sterling plunges Rs21

Sri Lanka's financial markets were calm and the Sterling plunged 21 rupees against the rupee Friday as Britain voted to ...

June 24, 2016 1 min read

Korean companies eye Sri Lankan construction business

ECONOMYNEXT – A delegation from South Korea’s infrastructure sector has visited Sri Lanka and shown intere...

June 23, 2016 1 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 IMF program benefits may be short lived: Moody's

Sri Lanka may not get any lasting benefit from a program with the International Monetary Fund and the ability of the adm...

June 23, 2016 2 min read

Sri Lanka budget deficit at 6.1-pct of GDP in March

ECONOMYNEXT - Sri Lanka has run budget deficit of 6.1 percent of gross domestic product or 180 billion rupees in the fir...

June 23, 2016 2 min read

Sri Lanka provincial councils revert to Treasury funding

ECONOMYNEXT – Sri Lanka’s government has decided to resume funding of provincial councils through the gene...

June 23, 2016 1 min read

Sri Lanka tightens forex trading curbs amid IMF warnings

ECONOMYNEXT - The International Monetary Fund has warned that forex trading curbs which were tightened progressively by ...

June 22, 2016 3 min read

Sri Lanka capital gains tax not to be retrospective says minister amid uncertainty

ECONOMYNEXT - Sri Lanka is expecting finalize capital gains tax legislation within a month, and it is not expected to be...

June 22, 2016 2 min read

Sri Lanka under-fire CB Governor's fate to be decided by President and PM: Kabir

The fate of Sri Lanka's controversial Central Bank Governor Arjuna Mahendran who is under fire over a bond auction riggi...

June 21, 2016 2 min read

Sri Lanka nation-wide inflation accelerates to 5.3-pct in May 2016

ECONOMYNEXT – Sri Lanka’s consumer prices nation-wide rose 5.3 percent in May 2016 from a year ago, accele...

June 21, 2016 1 min read

Sri Lanka's state LakSathosa shops lose Rs3.4bn in 2015, turnover down

Sri Lanka's LakSathosa, a state-run retail network mired in corruption scandals and has lost 3.4 billion rupees in 2015,...

June 21, 2016 1 min read

How the state crowds out ordinary community in Sri Lanka

A graphical representation of key sectors in Sri Lanka where the state is crowding out the community. I

June 21, 2016 1 min read

Protest planned over Sri Lanka's controversial Central Bank Governor: activists

Activists who went to court on Monday seeking to remove Sri Lanka's Central Bank Governor Arjuna Mahendran from office s...

June 21, 2016 2 min read