CBSL Records Highest-Ever Forex Purchases of $2.8 Billion in 2024
The Central Bank of Sri Lanka (CBSL) announced its highest annual foreign exchange purchases from the domestic forex market in 2024, exceeding $2.8.
Forex Market
Economics
Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms
According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.
- October 22, 2024
Industry Analysis
Richard Pieris Group’s Q1 Profits Surge 281% to Rs. 1.75 Billion
Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, reported a Profit Before Tax (PBT) of Rs. 1.75 billion for.
- August 2, 2024