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.

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Economics

Port City Colombo Promotes Sustainable Growth at Commonwealth Forum 2024

Port City Colombo, a visionary Special Economic Zone (SEZ) focused on the export of modern services, recently represented Sri Lanka at the Commonwealth.

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Forex Market

Sri Lankan Rupee Holds Steady at 293.50/60 to USD; Bond Yields and Stocks Show Minor Movements

Sri Lanka’s rupee opened flat at 293.50/60 to the US dollar on Wednesday, according to market dealers, indicating a steady exchange rate amid.

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Economics

Sri Lanka Delegation Discusses Tax and Revenue Targets with IMF

A Sri Lankan delegation held discussions on taxes and revenue targets with the International Monetary Fund (IMF) during a recent visit to the.

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Bond Yields

Sri Lankan Rupee Opens Stronger as Bond Yields Show Mixed Movement

Sri Lanka’s rupee opened stronger on Friday, trading at 293.60/65 against the US dollar, an improvement from Thursday’s rate of 293.78/82, according to.

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Economics

IMF Engages in Talks with Sri Lanka for Program Review to Advance Economic Recovery

The International Monetary Fund (IMF) is actively engaging with Sri Lanka’s new administration to discuss priorities as it works toward the next review.

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Economics

Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms

According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.

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Finance

Fitch: Economic Recovery to Boost Growth in Sri Lanka’s Finance and Leasing Companies

Fitch Ratings announced that Sri Lanka’s ongoing economic recovery, combined with moderating inflation and lower interest rates, is set to drive the growth.

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Markets

Sri Lankan Rupee Strengthens to 292.90 Against US Dollar, Bond Yields Rise

On Monday, Sri Lanka’s rupee opened slightly stronger at 292.90/293.10 against the US dollar, compared to the previous day’s rate of 293.00/20, according.

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