Sri Lanka’s positive economic growth, seen in early 2024, is likely to continue, supported by low inflation and a stable exchange rate, according to Central Bank Governor Nandalal Weerasinghe. In the first quarter of 2024, the country’s economy expanded by 5.3 percent, as estimated by the state statistics office. Speaking at an international forum organized
Sri Lanka’s rupee closed stronger at 301.55/65 to the US dollar on Wednesday, improving from 302.10/20 on Tuesday, according to dealers. However, bond yields experienced an upward trend. A bond maturing on 15.12.2026 closed at 10.80/11.05 percent, up from 10.75/85 percent. A bond maturing on 15.12.2027 closed at 11.95/12.10 percent, up from 11.85/12.05 percent. A
Sri Lanka’s rupee weakened to 302.30/43 against the US dollar on Monday, compared to 301.90/302.05 on Friday, according to dealers. Meanwhile, bond yields saw an upward trend. A bond maturing on December 15, 2026, closed at 10.75/80 percent, up from 10.45/60 percent. A bond maturing on December 15, 2027, closed at 11.80/12.05 percent, up from
Sri Lanka’s rupee closed marginally weaker at 301.90/302.40 to the US dollar on Monday, compared to 301.70/302.00 on Friday, according to dealers. Meanwhile, bond yields continued to decline. A bond maturing on 15.12.2026 closed at 10.80/90 percent, down from 10.90/11.00 percent.A bond maturing on 15.12.2027 closed at 11.70/80 percent, down from 11.75/80 percent.A bond maturing
The Sri Lankan Rupee has shown signs of strengthening against the US Dollar, according to the Central Bank of Sri Lanka (CBSL). This development marks a significant shift, as it’s the first time since July 5th, 2023, that the buying rate for USD has dipped below Rs. 300. The CBSL reports indicate a buying rate