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Monday November 9th, 2026
Economy

Sri Lanka to adjust wages and pensions to inflation: President

But this adjustment will be done within the limits of a primary deficit

March 22, 2023 1 min read

Sri Lanka central bank buys US$950mn amid negative credit so far 2023

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March 22, 2023 2 min read

Sri Lanka private creditors mull GDP-linked downside bond for debt re-structure

A State Contingent Debt Instruments would have payouts linked to economic performance

March 22, 2023 3 min read

Sri Lanka Treasury bosses to sign IMF pro-note

The IMF deal involves, a series of reforms

March 21, 2023 2 min read
Sri Lanka deflation 0.8-pct in 12-months to Oct 2024, prices up 0.3-pct over 25 months

The food price index fell 0.6 percent 231.9 points from 233.3 points

Sri Lanka eyes default exit by December; IMF review completion after budget: CB Governor

Sri Lanka faces delay in 3rd IMF review, 4th tranche of $3 bln loan

Delaying reforms could derail Sri Lanka growth, IMF warns

ECONOMYNEXT – The International Monetary Fund (IMF) said Sri Lanka has good growth prospects if it puts its econo...

Rohan Gunasekera
June 15, 2016 3 min read

Sri Lanka IMF program sets inflation ceiling as key target

ECONOMYNEXT - Sri Lanka's Central Bank has been given an inflation ceiling as a key target for the first time in the dea...

June 14, 2016 3 min read

Sri Lanka's IMF deal; central bank not to give forex cover for business

ECONOMYNEXT - Sri Lanka's central bank has pledged not to provide foreign exchange cover for borrowers - who were mainly...

June 14, 2016 1 min read

Sri Lanka forex reserves drop to new low of US$5.6bn in May

ECONOMYNEXT - Sri Lanka's gross official forex reserves dropped to a new low of $5.62 billion in May 2015 from Rs6.06 bi...

June 14, 2016 2 min read

India's plan to levy tax could hit 75,000 T sugar exports- industry official

PUNE, India, June 10 (Reuters) - India's plan to levy tax on sugar exports could hit nearly 75,000 tonnes of shipment he...

June 10, 2016 1 min read

Sri Lanka Prime Minister revives capital gains tax proposal

ECONOMYNEXT - Sri Lanka will charge capital gains tax, Prime Minister Ranil Wickremesinghe told parliament, reviving a t...

June 10, 2016 2 min read

Sri Lanka can remove forex controls before year end: PM

ECONOMYNEXT - Sri Lanka can relax exchange controls before the end of the year due to a large pipeline of foreign borrow...

June 10, 2016 2 min read

Sri Lanka revises down revenue target after tax amendments

COLOMBO (Reuters) - Sri Lanka has reduced its government revenue target for 2016 due to tax amendments in this year's bu...

June 8, 2016 2 min read

Sri Lanka exports down 1.7-pct in February

ECONOMYNEXT – Sri Lanka’s export earnings fell 1.7 percent in February 2016 to $888 million from a year ag...

June 7, 2016 2 min read

Sri Lanka govt blocks publication of IMF program report

ECONOMYNEXT – The International Monetary Fund has said that publication of its economic report on Sri Lanka after...

Rohan Gunasekera
June 6, 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 gets IMF nod for US$1.5bn reform backed EFF loan

ECONOMYNEXT - The International Monetary Fund has approved a 1.5 billion US dollar (1.1 billion special drawing rights) ...

June 4, 2016 4 min read

Singapore gives Sri Lankan firms access to ASEAN market: Iswaran

ECONOMYNEXT – Sri Lankan companies have much to gain by linking up with firms in Singapore as it would give acces...

June 1, 2016 2 min read

Sri Lanka Central Bank loses on forex assets in 2015

ECONOMYNEXT - Sri Lanka's Central Bank has lost Rs19.6 billion in 2015, taking the total up to Rs76 billion over three y...

June 1, 2016 4 min read

Call for 'fit and proper' test for CB governors following bond controversy

ECONOMYNEXT - A governance activist has called for 'fit and proper' tests when appointing the governor of the Central Ba...

May 31, 2016 6 min read

Sri Lanka new tax shock for non-electric cars

ECONOMYNEXT, Sri Lanka's latest revision of taxes on cars has triggered price rises across the board, except for totally...

May 31, 2016 2 min read

Sri Lanka inflation hits two and a half year high at 4.8-pct in May

ECONOMYNEXT - Sri Lanka's consumer price inflation accelerated to 4.8 percent in the 12-months to May from 3.1 percent a...

May 31, 2016 1 min read

Sri Lanka private credit sharply up, money printing continues in March

ECONOMYNEXT - Sri Lanka's credit to private sector surged in March 2016 to 87.8 billion rupees from 53.7 billion rupees ...

May 30, 2016 1 min read

Japan to give budget support to Sri Lanka; loan US340mn for power and water

ECONOMYNEXT - Japan fund a 38 billion yen (340 million dollar) expansion of Sri Lanka's power and water supply system an...

May 28, 2016 1 min read

Sri Lanka cuts tax on smaller electric cars, Tesla EV prices to soar

ECONOMYNEXT - Sri Lanka has cut taxes on popular mid-sized electric cars from 2.7 million to about 1.7 million rupees an...

May 28, 2016 2 min read

Sri Lanka ups taxes on larger cars, SUVs up by two million - Update

ECONOMYNEXT - Sri Lanka has cut taxes on small cars with engines capacity below 1,000 cubic centimetres but upped taxes ...

May 27, 2016 1 min read