Markets

Gold Prices in Sri Lanka Today: 22K and 24K Rates as of 6th September 2024

As of 6th September 2024, gold prices in Sri Lanka remain steady with updated rates for 22K and 24K gold. Here’s a detailed.

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Business

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..

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Finance

Multi Finance Delists Following Merger with L B Finance

Multi Finance PLC has been officially delisted from the Colombo Stock Exchange (CSE) as of September 4, 2024, following its merger with L.

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Economics

Middle East War Poses Risk to Sri Lanka’s Trade, Remittances: CBSL Warns

A broader conflict in the Middle East could significantly impact Sri Lanka’s tea exports, petroleum imports, and remittance inflows, according to the Central.

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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.

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Business

Inflation Drops to 0.5% in August 2024 as Prices Decline

Sri Lanka’s headline inflation, measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), dropped sharply to 0.5% in.

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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.

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Finance

Sri Lankan Rupee Recognised as Top Emerging Market Currency in 2024

The Sri Lankan rupee has been recognised as the best performing emerging market currency as of August 2024, showing an impressive spot return.

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Markets

Gold Price Today in Sri Lanka

As of August 30, 2024, the price of gold in Sri Lanka continues to fluctuate with the following rates available for 22 Carat.

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Economics

Sri Lanka’s High Alcohol Taxes Driving Consumers to Illegal Alternatives, Warns DCSL Chief

Sri Lanka’s high alcohol taxes are pushing consumers, already impacted by the economic crisis, toward illegal and dangerous alternatives, warns Harry Jayewardena, the.

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