The selling rate of the Sri Lankan Rupee hit Rs. 193.05 against the US dollar today (24), central bank data show. According to today’s Central Bank Exchange Rates, the buying rate of a US Dollar is Rs. 188.01. These are the highest buying and selling rates reported locally for a US ...
ECONOMYNEXT – Sri Lanka is controlling the price of the rupee with great difficulty and the it could fall to as much 300 to 350 to the US dollar, given past trends, Trade Minister Bandula Gunewardene told parliament without giving a time frame for the target. “Now it is with the gre...
American Elon Musk’s Starlink internet can be pre-order in Sri Lanka,by paying a fully refundable USD 9 deposit. Connection fee is expected to be between US$400 up to US$ 600. Starlink internet monthly subscription fee is about US$ 99 per month in Sri Lanka. This project is currently ...
ECONOMYNEXT – Sri Lanka’s arrears to the Reserve Bank of India under the Asian Clearing Union and penalty interest have been converted into a 2.2 billion US dollar swap, an International Monetary Fund report said. The ACU arrears has been combined with another 400 million US dollar swap gi...
In supporting the US fleet by sending a ship from Sri Lanka’s navy the island has supportedthe continuation of Israeli genocide. Now the question is whether a bankrupt country like Sri Lanka could afford to do this at a reportedcost of US Dollar 250 million. ...
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...
Cairn Investing Dollar100m in Sri LankaEducation
The island’s currency bottomed out at a record-low 174.12 rupees to the dollar, resisting a slew of measures by policymakers to arrest its steady decline. The rupee has shed more than 12 percent of its value this year and Sri Lanka fears it could slide further as US sanctions squeeze Ira...
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.
61.03 (2013 est.)Sri Lankan rupees (LKR) per US dollar - 185.8 (2020 est.) 181.2 (2019 est.) 178.545 (2018 est.) 135.86 (2014 est.) 130.57 (2013 est.) Fiscal year1 April - 31 Marchcalendar year Public debt71.2% of GDP (2017 est.) ...