Commercial Bank of Sri Lanka Completes Liquidation of Money Transfer Unit in Italy
Sri Lanka’s Commercial Bank of Ceylon PLC has officially completed the liquidation of its subsidiary, Commex Sri Lanka S.R.L., located in Rome, Italy..
Business
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.
- September 5, 2024
Forex Market
Sri Lankan Rupee Opens Weaker at 299.10/30 Against US Dollar, Bond Yields Steady
Sri Lanka’s rupee opened weaker on Tuesday, trading at 299.10/30 to the US dollar, according to market dealers. This marks a slight depreciation.
- September 3, 2024
Finance
NDB to Raise Up to Rs 10 Billion Through Debenture Issue in Sri Lanka
Sri Lanka’s National Development Bank Plc (NDB) has announced plans to raise up to 10 billion rupees through a debenture issue. The bank.
- September 2, 2024
Economics
Maldives Banking System Faces Excess Liquidity Crisis with 6.7 Billion Rufiyaa Amid Forex Shortages
A recent report highlights that the Maldives banking system is grappling with 6.7 billion rufiyaa in excess liquidity, a legacy of money printing.
- September 2, 2024
Forex Market
Sri Lankan Rupee Strengthens to 298.80/299.10 Against USD; Bond Yields Rise, Stock Market Dips
On Monday, the Sri Lankan rupee appreciated, opening at 298.80/299.10 against the US dollar, according to market dealers. This marks a strengthening from.
- September 2, 2024
Bond Yields
Sri Lankan Rupee Opens Slightly Weaker, Bond Yields Edge Up
Sri Lanka’s rupee opened slightly weaker on Wednesday, trading at 300.30/80 against the US dollar, compared to 300.00/30 the previous day, according to.
- August 28, 2024
Finance
HNB Begins Discussions to Acquire Bank Al-Falah’s Bangladesh Operations
Hatton National Bank (HNB) has received approval from its Board of Directors to initiate discussions regarding the acquisition of Bank Al-Falah’s Bangladesh operations..
- August 28, 2024
Forex Market
Sri Lanka Rupee Opens Weaker at 300.90/301.30 to US Dollar; Bond Yields Stable
Sri Lanka’s rupee opened weaker at 300.90/301.30 against the US dollar on Thursday, according to dealers. The currency closed at 300.20/60 to the.
- August 22, 2024
Forex Market
Sri Lankan Rupee Opens Weaker at 299.80/300.20 Against US Dollar; Stocks Edge Higher
Sri Lanka’s rupee opened weaker on Wednesday, trading at 299.80/300.20 against the US dollar, according to market dealers. The rupee had closed at.
- August 21, 2024