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Rupee’s slide ‘taking shine off of’ Indian economy & what Sri Lanka-China friendship means for India
16 Jan 2025 07:42 GMT
… rupee’s fall indicates a “more market-driven view of the currency … “Noting that China and Sri Lanka enjoy a traditional friendship, … efforts, China and Sri Lanka have continuously promoted strategic … lasting friendship.”
China and Sri Lanka are old friends, …
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Sri Lanka farmers demand Rs140 for paddy kilo, 60-pct above Thailand
15 Jan 2025 12:06 GMT
… baht a tonne).
Sri Lanka has a 65 rupee import tax on …
Sri Lanka did not cut the tax on rice despite a currency crisis … in 2022 which depreciated the rupee and … unusual economic national and autarky Sri Lanka also taxes and places …
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Sri Lanka’s External and Financial Sector Show Resilience in 2024
14 Jan 2025 18:00 GMT
… 14, Colombo (LNW): Sri Lanka’s external sector maintained … which contributed to the Sri Lankan rupee appreciating and stabilizing throughout … and steady net forex inflows.The financial … compensation efficiency under the Sri Lanka Deposit Insurance Scheme ( …
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Investor interest spans across short to mid end maturities
17 Jan 2025 20:17 GMT
… , on the external front, the Sri Lankan rupee further depreciated against the US …
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Ravi Karunanayake Opposes Rupee Devaluation for Vehicle Imports
17 Jan 2025 01:37 GMT
… Karunanayake strongly opposed devaluing the Sri Lankan Rupee to facilitate vehicle imports, citing …
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Yield curve declines at short end following weekly T-bill auction
15 Jan 2025 19:49 GMT
… , on the external front, the Sri Lankan rupee appreciated against the US dollar …
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Bond yields fluctuate to close week broadly steady
14 Jan 2025 21:58 GMT
… the foreign holdings in Sri Lankan rupee-denominated Treasury securities saw a … .
The Central Bank of Sri Lanka’s (CBSL) holding of … week’s level.
Forex Market
In the Forex market, the … (References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform …
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A mixed picture of recovery and challenges
15 Jan 2025 07:15 GMT
… economies like Pakistan and Sri Lanka, while highlighting setbacks for … crackdowns on goods and currency smuggling and stricter documentation … the gap between dollar-rupee exchange rates in the … Countries like Pakistan and Sri Lanka have shown promising signs …
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Govt Audit Allegations of Overspending in Bus Deal to Strain Indo-Lanka Relations
12 Jan 2025 13:49 GMT
… was intended to revitalize Sri Lanka’s struggling public transport … period.
He cited the Sri Lankan rupee’s depreciation (from Rs. … have noted that while currency depreciation and global inflation … similar controversies.
As Sri Lanka continues to rely on …
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‘Sticking to IMF programme will up state revenue, foreign reserves significantly’
12 Jan 2025 19:54 GMT
… rupee at around Rs. 203/USD since mid-2021.
“Sri Lanka … usable foreign currency reserves completely depleted, and Sri Lanka had no … economy. Although delayed, Sri Lanka eventually sought the assistance … framework can help Sri Lanka prevent another 2022 …