Sri Lanka Rupee Opens Flat at 290.60/80 to Dollar, Bond Yields Remain Steady
Sri Lanka’s rupee opened relatively stable on Monday at 290.60/80 to the US dollar, compared to Friday’s close of 290.65/75, currency dealers reported..
Forex Market
Forex Market
Sri Lanka Rupee Strengthens to 292.80/85 Against US Dollar; Bond Yields Steady
On Thursday, Sri Lanka’s rupee was quoted at 292.80/85 against the US dollar, reflecting an improvement from the previous day’s rate of 293.00/20..
- November 1, 2024
Economics
National Consumer Prices Rise Slightly to 2.5% in July; Central Bank Confident in Controlling Inflation
National consumer prices in Sri Lanka saw a slight increase in July, rising by 2.5% compared to the same month last year. This.
- August 22, 2024
Forex Market
Sri Lankan Rupee Stable at 303.60/65; Bond Yields Steady
Sri Lanka’s rupee held steady at 303.60/65 to the US dollar on Thursday, according to dealers. The currency was nearly unchanged from Wednesday’s.
- July 25, 2024
Industry Analysis
Fitch Affirms ‘A-(lka)’ Rating for National Development Bank with Stable Outlook
Fitch Ratings has reaffirmed the ‘A-(lka)’ National Long-Term Rating for Sri Lanka’s National Development Bank Plc (NDB), maintaining a Stable outlook. This decision.
- July 25, 2024
Markets
Sri Lanka Rupee Weakens, Stocks Rise; Bond Yields Dip
Sri Lanka’s rupee started weaker against the US dollar, opening at 305.40/60 on Thursday, with bond yields experiencing a decline and stocks initiating.
- June 27, 2024
Economics
Sri Lanka will need Rs 40 Bn to increase senior citizens’ interest rate to 15 pct
Sri Lanka is contemplating the financial implications of raising the interest rate for senior citizens’ savings to 15%, requiring an estimated Rs 40.
- April 25, 2024
Economics
Higher Interest Rates: A Tale of Two Economies
The International Monetary Fund (IMF) has shed light on the varied impacts of rising interest rates across different economies in its recent World.
- April 15, 2024
Economics
Sri Lankan Apparel Giant Brandix Receives Top BOI Export Award
Sri Lanka’s Board of Investment (BOI) recognized Brandix Apparel, the country’s leading garment manufacturer, as the Most Outstanding Exporter in the Merchandise category.
- April 4, 2024
Economics
Sri Lanka Sets Course for Sustainable Recovery with New ADB Partnership Strategy
The Asian Development Bank (ADB) has unveiled a new chapter in its collaboration with Sri Lanka. The ADB Sri Lanka Country Partnership Strategy.
- April 4, 2024