An Echelon Media Company
Thursday September 29th, 2022
Trade

Sri Lanka to use US$20mn from Indian credit for animal feed

Maize imports to improve availability of animal feed

August 12, 2022 2 min read

Sri Lanka food prices down over open account imports: Minister

More money from Indian credit line

August 11, 2022 1 min read

Sri Lanka air travellers warned of confiscation, fines by Customs

To face confiscation of goods under the Customs Ordinance and Import and Export Control Act and additional fines

August 10, 2022 1 min read

Sri Lanka President lifts import ban on glyphosate

Glyphosate now under import permit

August 8, 2022 1 min read
Sri Lanka red hot crop, closed economy get rave views as malnutrition widens

From one acre there are people who have earned 4 million rupees

Sri Lanka infotech, mobile telephony in a fix after import ban

IT industry also hit from ban on computer items

China resumes Sri Lanka FTA push amid Indian tactics over loans, energy deals

Finalising the proposed FTA between Sri Lanka and China would immensely benefit the local market and products

March 21, 2022 5 min read

Cup of milk tea to cost 100 rupees in Sri Lanka: reports

Milk tea -- a mix of hot, strong tea with powdered and usually sugar -- is a favourite beverage in Sri Lanka.

March 20, 2022 2 min read

Milk powder prices in Sri Lanka spike again

A 400g pack will be sold at 790 rupees while a 1kg pack will be sold at 1,945 rupees.

Chanka Jayasinghe
March 19, 2022 1 min read

Sri Lanka inks billion dollar credit for food, meds, from State Bank of India

US$ 1 billion credit line signed for essential commodities

March 17, 2022 1 min read

Sri Lanka expects billion dollar credit line as Finance Minister meets Modi, Jaishankar

India has promised a billion US dollar credit line for imports

March 17, 2022 2 min read

Sri Lanka firms with billions in trade credits exposed as rupee falls

In the 9 months to September 2021, gross trade credits went up US$478mn

March 16, 2022 4 min read
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Cash-strapped Sri Lanka's cabinet panels meet to find alternative importing methods

Sri Lanka's dollar shortage has forced its central bank to impose ban of several imports and seek credit lines

March 14, 2022 2 min read

Sri Lanka drug prices up after money printing hits rupee; concern over cost

Many patients tempted to buy drugs in small amount "without taking them for the prescribed period of time." - MCPA

Chanka Jayasinghe and Neshella Perera
March 12, 2022 5 min read

Sri Lanka allows exporters to pay local suppliers in dollars

Strategic Development Law projects may be given exemptions

March 12, 2022 3 min read

Sri Lanka rupee at 265/275 after opening at 260/280 to US dollar

Some exporters have also started to convert, market participants said

March 11, 2022 2 min read
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Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 369.9235 369.9235
UK Pound 417.3920 417.3688
Euro 365.4949 365.1473
Aus Dollar 247.2916 245.9917
Yen 2.6166 2.5700
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4750 4.5225
Korea Won 0.2575 0.2576
Oman Rial 942.5852 942.5852
Saudi Riyal 96.4518 96.4518
UAE Dirham 98.7994 98.7994
Source: Central Bank/Indicative
pts %
S&P SL20 3,203.01 -0.87%
CSE All Share 9,964.80 -0.36%
Turnover Rs million 3,017,534,901 4,958,500,230
Source: CSE
Latest Last
3-m bill 30.31 30.81
6-m bill 28.51 28.66
12-m bill 28.26 28.78
5-yr bond 25.30 25.04
8-yr bond 26.01 25.76
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka rupee traded at 260 to US dollar for the day, market at 260/265

No active trading is expected for the rest of the day

March 10, 2022 2 min read

Sri Lanka tightens import controls with license raj, taxes amid rupee float

Some items have been brought under licensing, some under taxes and some under taxes and licensing

March 9, 2022 1 min read

Sri Lanka interest rate hike not enough, rupee cannot be held at 230: Harsha

.

March 9, 2022 2 min read
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Sri Lanka approves Rs38 incentive for worker remittance amid float move

The cabinet approved it before the decision was made to change the exchange rate

March 8, 2022 1 min read
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Sri Lanka tea exports drop 6.9-pct in Jan 2022, Iraq, Russia leads

Iraq and Russia leades

March 6, 2022 2 min read

Sri Lanka trade of US$461mn threatened by Russia invasion of Ukraine

Tourism is diversifed

Mahadiya Hamza
March 4, 2022 2 min read

Sri Lanka sees LP gas shortages re-emerge amid forex crisis

"With today's situation, there will be another shortage of gas by next week."

Mahadiya Hamza
March 4, 2022 4 min read
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Sri Lanka in drug shortages, due to price controls, forex crisis, NMRA delays

NMRA delaying re-registration and registration of drugs

March 3, 2022 6 min read

Sri Lanka apparel exports in 5-year record in January 2022 amid war clouds: JAAF

The order book was strong but the Russia's invasion of Ukraine was a challenge

March 2, 2022 1 min read
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Sri Lanka gives 1.9mn barrel petrol supply deal to UAEs OQ Trading

OQ Trading will supply petrol from February 15, 2020 to October 14, 2022

March 1, 2022 1 min read
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