Sri Lanka’s Cabinet Spokesman Denies New Currency Printing Amid Rising Liquidity Concerns
Sri Lanka has not printed new banknotes, as confirmed by cabinet spokesman Vijitha Herath, who highlighted the absence of currency notes bearing the.
Economics
Forex Market
Sri Lankan Rupee Slightly Stronger at 292.85 to Dollar, Bond Yields Steady
Sri Lanka’s rupee strengthened slightly on Thursday, closing at 292.85/293.00 to the US dollar, improving from the previous day’s rate of 293.00/20, according.
- October 11, 2024
Forex Market
Sri Lankan Rupee Closes Stronger at 293.45/55 to US Dollar, Bond Yields Steady
Sri Lanka’s rupee strengthened further on Monday, closing at 293.45/55 to the US dollar, compared to 294.00/50 the previous day, according to market.
- October 8, 2024
Forex Market
Sri Lankan Rupee Strengthens to 297.25 Against USD, Bond Yields Rise
Sri Lanka’s rupee appreciated to open at 297.25/75 against the US dollar on Monday, strengthening from the previous day’s rate of 298.70/299.00, according.
- September 30, 2024
Economics
National Consumer Prices Drop to 1.1% in August Amid Lower Food and Electricity Costs
In August 2024, Sri Lanka’s national consumer prices eased to 1.1% year-on-year, down from 2.5% in July. This significant deceleration was driven primarily.
- September 26, 2024
Bond Yields
Sri Lanka Rupee Strengthens as Bond Yields Decline Post-Elections
Sri Lanka’s rupee opened at a stronger rate of 304.20/50 against the US dollar on Tuesday, improving from 304.25/75 the previous day. In.
- September 24, 2024
Economics
Exporters Call on New President to Foster Business-Friendly Environment in Sri Lanka
Sri Lanka’s export community has urged President Anura Kumara Dissanayake to streamline administrative processes and cultivate a more business-friendly environment that empowers entrepreneurs.
- September 24, 2024
Markets
Sri Lanka’s Bonds Slide as Election Victory Puts IMF Bailout at Risk
Sri Lanka’s dollar bonds took a significant hit following the victory of leftist candidate Anura Kumara Dissanayake in the presidential election, raising concerns.
- September 24, 2024
Economics
Sri Lanka Strikes US $14.2 Billion ISB Restructuring, Paving Way Out of Bankruptcy
Sri Lanka has made significant progress in its efforts to exit bankruptcy, reaching an agreement in principle with the ad hoc group of.
- September 20, 2024
Forex Market
Sri Lankan Rupee Weakens to 305.00/75 Against USD, Bond Yields Steady, Stocks Rise
Sri Lanka’s rupee opened weaker on Friday at 305.00/75 to the US dollar, compared to 304.50/80 on Thursday, according to market dealers. Despite.
- September 20, 2024