News Sri Lanka Exchange rate: IMF urges Lanka not to meddle with exchange rate
Mission Chief for Sri Lanka, Evan Papageorgiou, yesterday said Sri Lanka’s current monetary policy stance remains “broadly appropriate,” despite the Central Bank of Sri Lanka’s (CBSL) recent 100-basis ...
News Sri Lanka Exchange rate: Sri Lanka stocks continue slide as interest shifts to fixed income
ECONOMYNEXT – The Colombo Stock Exchange closed down on Thursday, as investors shifted interest to fixed deposits and commercial paper following Sri Lanka’s rate hike, brokers said. The All Share ...
News Sri Lanka Exchange rate: Sri Lanka to issue US$1 billion in relief amid soaring food prices as foreign exchange reserves dwindle
The move seeks to calm public anger about rising prices of wheat, sugar and milk powder, which the island nation is struggling to purchase from abroad as the local currency depreciates and inflates ...
News Sri Lanka Exchange rate: Sri Lanka labour minister fails to hike parallel exchange rate for migrant workers
Sri Lanka cabinet has rejected a proposal by the Labour Minister NimalSiripala de Silva to increase the per dollar rate to 240 rupees for migrant workers to discourage them from going to informal ...
