It is also one of the largest irrigation projects in Sri Lanka, Sri Lanka's state media reported. The 514-million-U.S.-dollar project was designed and built by Iran's Farab engineering group, the state-owned Daily News said. Addressing the inauguration event, Wickremesinghe said the project...
New Zealand Dollar to Sri Lanka Rupee conversion rateExchange Rates shown are estimates, vary by a number of factors including payment and payout methods, and are subject to change. Money transfers made easy with the Western Union® app ...
Sri Lanka’s central bank has been printing large volumes of money, triggering credit and driving outflows above the total inflows to the country and shattering the credibility of a dollar peg. In August private credit on the rupee books of banks was 104 billion rupees. Related Sri...
The central bank stopped quoting day rates on January 23 when the rupee was floated with an interest rate correction after the soft peg collapsed, amid a war. In 2021 and the central bank also started enforcing a rate incompatible with the policy rate at around 203 to the US dollar. The ...
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.
The Sri Lanka rupee further strengthened against the US dollar yesterday, on positive outlook for inflows. The selling rate was quoted at 191.97 rupees for a US dollar, as against 201.28 rupees on Friday and a peak of 204.62 rupees last week. The indi
MANILA, March 18 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it has approved a 100-million-U.S.-dollar loan for small and medium-sized enterprises (SMEs) in Sri Lanka to have more access to finance and build their resilience to external shocks, such as economic crisis ...
SRI LANKA: OIL HEDGING DEAL BECOMING BILLION-DOLLAR PROBLEMFeizal Samath
Sri Lanka spot US dollar closed weaker at 294.50/295.50 rupees and the bonds were up on Thursday, dealers said.
ECONOMYNEXT – Sri Lanka’s rupee opened slightly stronger at 300.40/60 to the US dollar on Wednesday, dealers said. Bond yields were significantly up, they said, and stocks opened up 0.39 percent. The rupee closed at 300.60/75 against the greenback on Tuesday. In the secondary market ...