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Sri Lanka stood pat on borrowing costs for the first time in three meetings, after slashing the cash ratio for banks to bolster domestic liquidity and growth.The post Sri Lanka Holds Rates After Bank Cash Ratio Cut for Growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Hero Syndrome & Unlawful Acts: Politicians In The Fantasyland Of Omnipotence appeared first on Colombo Telegraph.
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (August 02), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
State Minister of Finance Ranjith Siyambalapitiya says that the depreciation of the Sri Lankan Rupee in recent days is a temporary situation which has been fluctuated based on the demand and the supply.
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 26), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group PBT at Rs.1.40 billion in the first quarter of the financial year 2023/24 is a decrease over the Rs.14.80 billion recorded in the previous financial year. The first quarter of the previous year included Rs.10.12 billion of […]
Video: Bloomberg reports that the Sri Lankan Rupee went from Asia’s best to worst currency in th...
The Sri Lankan rupee has turned into Asia s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and loosening of import controls, Bloomberg reports.
The Sri Lankan rupee has turned into Asia’s worst-performing currency from being the best in the first half of the year, and is poised to extend losses amid headwinds from interest-rate cuts and loosening of import controls.The post Sri Lanka Rupee goes from Asia’s Best to Worst
The Sri Lankan Rupee registered slightly firmer against the US Dollar today (24), as per the figures of the Central Bank of Sri Lanka (CBSL).
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 18), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 17), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka must ensure access to adequate nutrition for all pregnant and breastfeeding women amid the ongoing economic crisis in the country, Amnesty International said today in a new research briefing. The briefing, ‘Foregoing Meals to Make-Do’, examines the impact of the economic crisis on access to nutrition for pregnant and breastfeeding women, with a […]
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 11), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 11, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 10), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 10, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (July 06), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to 'C' from 'CC'. The issue ratings on local-currency bonds have also been downgraded to 'C' from 'CC'.The post Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘C’ appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Fitch Ratings has warned of risks in Sri Lanka’s domestic debt restructuring plan but noted that it resolves uncertainties around its impact on the local banking sector. The Sri Lankan Government’s proposal for treatment of domestic debt marks a significant step towards resolving uncertainties around the impact of the sovereign’s debt restructuring on the local […]
The Sri Lankan Rupee saw a slight appreciation against the US Dollar today after depreciating last week. The Central Bank of Sri Lanka said that the SL Rupee was selling at Rs. 314.98 and buying at Rs. 299.87. Meanwhile, the Colombo stock market recorded a strong performance
Sri Lankan Rupee ended slightly stronger against the US Dollar today, as per the figures of Central Bank of Sri Lanka (CBSL).
The Sri Lankan Rupee has marginally appreciated today, based on the latest data regarding the buying and selling rates of the US Dollar released by the Central Bank of Sri Lanka (CBSL).
By Rathindra Kuruwita The appreciation of Sri Lankan rupee against major foreign currencies alone was not an indication of economic stabilisation, H M C G Bandara, Senior Lecturer at the Sabaragamuwa University says.Bandara said that exchange rates, interest rate and inflation had become hot topics
Sri Lanka’s State Minister of Finance Ranjith Siyambalapitiya said on Friday (June 16) that import of vehicles cannot be allowed at this moment under the prevailing economic situation.The post Sri Lanka’s Finance State Minister says vehicle imports cannot be allowed yet appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
The Sri Lankan Rupee today (16 June) appreciated against the US Dollar, as per the reports of the Central Bank of Sri Lanka (CBSL).
The Sri Lankan Rupee depreciated even further against the US Dollar today, with the buying rate reported at Rs. 311.60 and the selling rate reported at Rs. 328.92. The Sri Lankan Rupee has been depreciating against the USD this week. However, State Minister of Finance Ranjith Siyambalapitiya
State Minister of Finance Ranjith Siyambalapitiya has attributed the further depreciation of the Sri Lankan Rupee to the relaxation of import restrictions.
The Sri Lankan Rupee had further depreciated against the US Dollar today (15 June), the Central Bank of Sri Lanka (CBSL) reported.
The Sri Lankan rupee depreciated to 303.19 against the US Dollar, on Wednesday, according to the Central Bank of Sri Lanka (CBSL). The selling rate of the US dollar rose to Rs 318.99. The rupee saw several weeks of appreciation against the US dollar. The CBSL announced
The Sri Lankan Rupee continued to depreciate against the US Dollar, buying at Rs. 303.19 and selling at Rs. 318.99. The Sri Lankan Rupee has been depreciating against the US Dollar this week after strengthening significantly in the recent past. (Colombo Gazette)
The Sri Lankan Rupee continued its recent depreciating trend against the US Dollar today (14 June), with the buying rate reported at Rs. 303.19 and the selling rate at Rs. 318.99.