Notable
Minister Yoshimasa arrived in Sri Lanka on July 28th for a two-day official visit.
When you focus more on accountability, it could be harmful for reconciliation - Minister
India has been eying Trincomalee for more than four decades
US dollar opened at 324.00/325.00 rupees.
Indians are ready to build hotels around places associated with Ramayana Trails in Sri Lanka
Coconut prices have been on a falling trend in 2024
State-run Ceypetco still sells diesel 38 rupees less than Lanka IOC prices.
Analysts said investors are trying to shift their savings to hedge against rupee fall and inflation,
Rupee down 45 percent since March 8 while market saw yields in treasury bills rising to around 12 percent
Analysts see some investors switching to fixed assets with return on government securities up
"Corporate and other taxes are expected to rise with Sri Lanka going to IMF"
.
A UK travel advisory has warned of food shortages, power cuts and long queues for basic necessities
‘’We were expecting a cancellation since the day we got this date." - Shanakiyan Rasamanickam
Sri Lanka has been struggling to import fuel due to severe shortage of US dollars
All commodity prices in Sri Lanka are on the rise due to the rupee depreciation.
| 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 |
| 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 |
| 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 |
| 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 | - | - |
The main opposition Samagi Jana Balawegaya has planned a protest in Colombo on Tuesday.
Sri Lanka saw 50 billion rupees net foreign outflow last year due to the macroeconomic uncertainty
The JVSHA was signed a week ahead Finance Minister Basil Rajapakasa's visit to sign USD 1 billion cvedit line
The new route aims to promote Sri Lanka to an entirely new segment of tourists from UAE and neighbouring regions.
Analysts say devaluing the rupees to 230 is not sufficient as it doesn't reflect the actual valuations
With Sri Lankan Airlines re-introducing flights to Paris, most attendees are scheduled to fly from Paris.
The female labor force participation rate remains stagnate at around 35 percent in Sri Lanka
Government instructed local authorities to turn off street lights to conserve energy
State-run CPC faces risk of heavy loss as the world crude oil price have risen over USD 116 per barrel
Sri Lanka will face a 7.5-hour cut for the third day running on Friday (04)
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