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News Summary: On 08th of Nov 2024

Markets

Sri Lanka Rupee Opens Weaker at 292.68/75 to Dollar; Bond Yields Drop

Sri Lanka’s rupee weakened slightly to 292.68/75 against the dollar on Friday, while bond yields dropped for 2026, 2027, and 2028 maturities. The Central Bank plans to auction Rs. 132.5 billion in Treasury Bonds on November 12. Colombo’s stock indices rose, with ASPI up 0.39% and market turnover at Rs. 198 million.

Gold Price Today in Sri Lanka – November 8, 2024

As of November 8, 2024, gold prices in Sri Lanka are as follows: 24K gold at Rs. 27,930 per gram and Rs. 223,450 per 8 grams, 22K at Rs. 25,610 per gram, and 21K at Rs. 24,440 per gram. Prices may vary with global trends and local demand.

Tourism

Sri Lanka Begins November with Strong Surge in Tourist Arrivals

Sri Lanka’s tourism sector saw strong momentum in early November, with 30,620 tourist arrivals in the first five days—a 38% increase from last year. The year-to-date total now exceeds 1.65 million, boosted by charter flights and international accolades, bringing the country closer to its two-million-visitor target for 2024.