Politics

AKD Blames Ranil for Sri Lanka’s Financial Crisis, Spares Gotabaya

Presidential candidate Anura Kumara Dissanayake has attributed Sri Lanka’s 2022 financial crisis to incumbent President Ranil Wickremesinghe, while largely absolving former President Gotabaya.

Read More
Forex Market

Sri Lankan Rupee Weakens to 304.25/50, Bond Yields Rise, Stocks Open Higher

Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields.

Read More
Economics

Sri Lanka Anticipates IMF Mission Visit in Two Weeks, Says President Wickremesinghe

Sri Lanka is expecting a mission from the International Monetary Fund (IMF) in two weeks, President Ranil Wickremesinghe announced at a campaign rally.

Read More
Finance

US Federal Reserve Cuts Rates by 50 Basis Points, Continues Quantitative Tightening

The US Federal Reserve has cut its interest rate by 50 basis points, bringing the target overnight rate to 4.75%-5.00%. Fed Chair Jerome.

Read More
Economics

Cess Levy on Imported Cement Reduced by Rs. 1 Per Kilogram

The Finance Ministry has announced a reduction in the cess levy on imported cement by Rs. 1 per kilogram, effective from 6 September.

Read More
Markets

Gold Prices in Sri Lanka Today: 22K and 24K Rates as of 9th September 2024

As of 9th September 2024, the gold prices in Sri Lanka remain steady, with updated rates for both 22 Carat and 24 Carat.

Read More
Politics

Sri Lanka’s Economy Will Not Collapse Under NPP, Assures Anura Kumara Dissanayake

Sri Lanka’s economy will remain stable under the National People’s Power (NPP) administration, according to party leader Anura Kumara Dissanayake. Addressing the business.

Read More
Forex Market

Sri Lankan Rupee Opens Flat at 298.90/299.00 Against US Dollar; Bond Yields Rise

Sri Lanka’s rupee opened steady at 298.90/299.00 against the US dollar on Thursday, according to market dealers. Bond yields saw a rise, and.

Read More
Bond Yields

Sri Lankan Rupee Weakens to 304.00/20 Against USD

Sri Lanka’s rupee closed weaker at 304.00/20 to the US dollar on Monday, down from 303.55/65 on Friday, dealers said, while bond yields.

Read More
Economics

Rising Optimism in Sri Lanka’s Economy: Survey Findings

According to a survey by Verité Research, a Colombo-based think tank, more Sri Lankans are optimistic about the economy, and government approval has.

Read More