ECONOMYNEXT – Sri Lanka’s secondary market closed inactive with zero transactions on Tuesday (05) market participants said while the rupee was quoted at 310 rupees against US dollar in commercial banks. Commercial Banks were offering to sell dollars for telegraphic transfers at 310 rupees and buy...
Avoid uncertified money traders on the street and try to get cash in smaller denominations as change can be hard to come by. You should re-convert all remaining rupees before leaving Sri Lanka. What food and drink should I try in Sri Lanka? Hoppers (bowl-shaped pancakes), kottu (chopped...
ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 293.45/55 to the US dollar Wednesday from 293.23/27 a day earlier, dealers said, while bond yields were steady after a Treasury bill auction earlier in the day. A bond maturing on 15.12.2026 closed at 10.50/75 percent, up from 10.50/60...
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. Sri Lanka, over the y...
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
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.
ECONOMYNEXT – Sri Lanka’s rupee closed at 293.30/60 to the US dollar Tuesday from 293.50/80 a day earlier, dealers said, while bond yields were up after a treasury bill auction. The central bank sold 97,000 million rupees of Treasury bills at an auction today (15). ...