Economics

Sri Lanka Sees 0.8% Deflation in October 2024 Amid Central Bank Policies

Sri Lanka’s consumer price inflation recorded a deflation of 0.8% in the 12 months ending October 2024, with only a 0.3% increase over the past 25 months as the effects of the central bank’s deflationary policy begin to manifest in the balance of payments. The Colombo Consumer Price Index (CPI) declined by 0.5% in October

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Economics

Sri Lanka-Canada Business Council Prepares for Mission to Strengthen Trade Ties

The Sri Lanka-Canada Business Council (SLCBC) held a crucial briefing with Prime Minister Dr. Harini Amarasuriya on October 10, 2024, in Colombo, as part of their preparations for an upcoming mission to Canada. During the session, the SLCBC delegation outlined their key goals to strengthen trade, investment, and economic ties between Sri Lanka and Canada.

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Markets

Gold Prices in Sri Lanka: On October 10, 2024

As of October 10, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 199,100 for 8 grams (1 Pawn). The rate for 1 gram of 22-carat gold is Rs. 24,890. For those interested in 24-carat gold, the price for 8 grams is Rs. 217,200, while 1 gram costs Rs. 27,150. Here’s a

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Bond Yields

Sri Lankan Rupee Falls to 296.60 Against US Dollar; Bond Yields Increase

On Thursday, the Sri Lankan rupee opened weaker at 296.60/297.20 to the US dollar, compared to 296.40/80 the previous day, according to dealers. Bond yields also saw an uptick. A bond maturing on 15th December 2027 was quoted at 11.35/50 percent, up from 11.15/30 percent. Meanwhile, a bond maturing on 15th February 2028 was quoted

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Markets

Gold Prices in Sri Lanka: On 3rd October 2024

As of 3rd October 2024, gold prices in Sri Lanka are as follows: In addition, the gold rates for other units are: These rates reflect the ongoing market conditions for gold in Sri Lanka.

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Markets

Gold Prices in Sri Lanka on October 2, 2024:

As of October 2, 2024, gold prices in Sri Lanka are as follows: These prices reflect the latest market rates for gold in Sri Lanka.

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Markets

Gold Prices in Sri Lanka: As of October 1, 2024

As of October 1, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 203,100 for 8 grams (1 pawn), while 1 gram of 22-carat gold is priced at Rs. 25,390. The price of 24-carat gold is Rs. 221,500 for 8 grams and Rs. 27,690 for 1 gram. Current gold prices in Sri

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