Notable
Sri Lanka revises fuel, gas prices once monthly
National System Operator and the National Electricity Sector Advisory Council was established
"Our self-sustaining, renewable energy generation initiative insulated the Group from sharp hikes in energy tariffs and
It will consist of up to 8 persons
The CEB has proposed spreading the increase evenly across consumer groups
Petrol, kerosene prices unchanged
Sri Lanka is also expected to announce a fuel price revision on Monday, August 01.
Power cut duration is maintained at 3 hours
Sri Lanka fuel queues still remain as is faces dollar shortage to buy fuel
Earlier, only one vehicle was allowed to be registered under one business registration number.
On July 27, 158,208 users have pumped fuel through the system
Prospective firms will have to find their own dollars
Along with fuel shortage, the power cutting still prevails
Sri Lanka's fuel bill for 2022 is estimated at 6.7 billion US dollar up from 2.7 billion US dollars
Sri Lanka is struggling to find dollars to import fuel
| Latest | Last | |
|---|---|---|
| US Dollar | 332.5018 | 332.3603 |
| UK Pound | 440.0661 | 440.9424 |
| Euro | 367.7137 | 368.4879 |
| Yen | 2.0793 | 2.0805 |
| Aus Dollar | 226.4670 | 227.4342 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5357 | 3.5474 |
| Korean Won | 0.2494 | 0.2492 |
| Oman Rial | 863.5962 | 863.2287 |
| Saudi Riyal | 88.5939 | 88.5586 |
| UAE Dirham | 90.5259 | 90.4874 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,293.72 | -1.13% |
| CSE All Share | 22,024.18 | -0.60% |
| Turnover Rs | 3232.70 million | 2975.05 million |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Groups MNOXYZ will have 3-hour power cuts from 5.30am to 8.30am.
Power cut duration is maintained at 3 hours
People have mostly accused of three wheel drivers of hoarding fuel
Power cut duration is maintained at 3 hours
Fuel hoarding has resulted in long queues in Sri Lanka amid shortage due to lack of dollars
The minister has yet to reveal how much fuel each vehicle will be allowed to pump.
Fuel to be issued using the new pass system from July 21
Fuel Pass comes after data showed that there is an increasing trend of hoarding
Sri Lanka maintain power cuts amid fuel shortage
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read