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Monday November 9th, 2026
Economy

Sri Lanka's Seylan Bank opens Indian rupee Nostro account in Mumbai

India and Sri Lanka can avoid using US dollars

March 19, 2023 1 min read

IMF changes credit policy for war-torn countries amid Ukraine war

Capacity-to-repay assurances from official bilateral creditors/donors

March 19, 2023 6 min read

Sri Lanka to maintain -3 pct growth in 2023 but recovery likely next year: official

Siyambalapitiya told reporters on Saturday March 18 that Sri Lanka can expect a “positive economy” in 2024.

March 18, 2023 2 min read

Sri Lanka sees Rs18.6 trillion transacted on Lanka Pay

Lanka Pay Innovation Awards on March 21

March 18, 2023 1 min read
No bank notes with AKD's signature means no money printed, claims cabinet spox

"No note has been issued with his signature. Let us know if there is such a note. We would like to see it too," he said.

Sri Lanka and Indonesia to jointly apply for UK tariff preference scheme

For their apparel exports to better benefit from the United Kingdom's tariff scheme for developing countries

Sri Lanka flood reconstruction could reach $1.7bn: Finance Minister

ECONOMYNEXT - Reconstruction after a record flooding in Sri Lanka could cost up to Rs250 billion ($1.7 billion) Finance ...

May 24, 2016 1 min read

Sri Lanka nation-wide inflation surges to 4.3-pct in April 2016

ECONOMYNEXT – Sri Lanka’s consumer prices nation-wide rose 4.3 percent in April 2016 from a year ago, acce...

May 23, 2016 1 min read

Sri Lanka celebrates Vesak

ECONOMYNEXT - Sri Lanka celebrated vesak, marking the birth, enlightenement and passing away of the Lord Bhudda with col...

May 23, 2016 1 min read

Sri Lanka holds policy rate at 8-pct

ECONOMYNEXT - Sri Lanka's Central Bank said it is keeping unchanged at 8.0 percent its Standing Lending Facility Rate (S...

May 20, 2016 4 min read

Sri Lankan overseas investments on hold to avoid BOP crisis: CB Governor

ECONOMYNEXT – Sri Lankan Central Bank Governor Arjuna Mahendran said he was delaying giving approval to proposals...

May 20, 2016 2 min read

Sri Lanka to get over $3.5 billion from Japan for development

COLOMBO (Reuters) - Japan will lend Sri Lanka more than $3.5 billion, mostly to finance development, Finance Minister Ra...

May 20, 2016 2 min read

Sri Lanka rupee ‘fairly valued’: CB governor

ECONOMYNEXT – Sri Lanka’s rupee is fairly valued at the moment, but the Central Bank was watching how curr...

May 18, 2016 2 min read

Sri Lanka trade taxes deterring exports: CB governor

ECONOMYNEXT – Sri Lanka’s government is determined to change its tax structure since a plethora of taxes i...

May 17, 2016 2 min read

Sri Lanka bureaucracy said deterring investors

ECONOMYNEXT – The head of a Sri Lankan law firm that advises foreign investors has called for more transparency i...

May 16, 2016 2 min read

Aerial surveys to reduce Sri Lanka's disaster impact

ECONOMYNEXT – Sri Lanka has given contracts to two international firms to do aerial surveys to mitigate the impac...

May 13, 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

Youth unemployment on the rise

May 13, 2016 1 min read

Sri Lanka urged to join global tax transparency initiative

ECONOMYNEXT – Sri Lanka should consider joining the tax transparency initiative promoted by the Organisation for ...

May 12, 2016 2 min read

Sri Lanka, EU to discuss GSP Plus application: Harsha

ECONOMYNEXT – Sri Lanka is ready to formally apply for the GSP Plus trade concession to get better market access ...

May 12, 2016 2 min read

Austrian firms looking to invest in Sri Lanka

ECONOMYNEXT – Austrian companies are keen to invest in Sri Lanka especially in sectors like infrastructure, renew...

May 12, 2016 1 min read

Sri Lanka to update bankruptcy law

ECONOMYNEXT – Sri Lanka is to modernise its bankruptcy law to meet present day needs and improve conditions to do...

May 11, 2016 1 min read

Sri Lanka reforms urgent, govt borrowing to meet daily needs: Central Bank

ECONOMYNEXT – The Sri Lankan government is forced to borrow to even meet its daily spending requirements, making ...

May 11, 2016 1 min read

Sri Lanka businesses call for policy consistency to spur investment

ECONOMYNEXT - Sri Lanka’s top business chamber, the Ceylon Chamber of Commerce has called for consistent and pred...

May 9, 2016 4 min read

Sri Lanka's forex reserves drop to $6.0 billion in April

ECONOMYNEXT - Sri Lanka's forex reserves dropped to $6,070 million in April 2016, down from $6,225 million in March, off...

May 9, 2016 2 min read

Sri Lanka should put purely commercial SOEs in Singapore-style holding Co: economists

ECONOMYNEXT - Sri Lanka should only place state enterprises with pure commercial objectives in a planned holding company...

May 7, 2016 3 min read

Sri Lanka's exports fall for 11th straight month

ECONOMYNEXT – Sri Lanka’s trade deficit contracted in January 2016 by 9.1 percent from a year ago to $695 ...

May 6, 2016 2 min read