Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (81)
- 2024-Feb (1)
- 2024-Mar (3)
- 2024-Apr (4)
- 2024-May (1)
Narrow by Category
- Breaking News (88)
- Business (2)
[…]The post Unraveling The Root Causes Of Sri Lanka’s Foreign Currency Crisis appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- From Socialism To Success: Sweden’s Economic Evolution (Category: Breaking News)
- Budget 2023: A Depth Or Dearth (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 26), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 27), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 (Category: Breaking News)
The Sri Lankan Government says the economy has stabilized and growth is now emerging. State Minister of Finance Shehan Semasinghe said that the currency appreciated from Rs. 360/USD in 2022 to Rs. 300/USD at present. “It is important to understand that exchange rates in Sri Lanka is Market-determined which allows currency values to adjust according […]
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka receives 1st disbursement of US$ 250 million from WB (Category: Breaking News)
- Shehan Semasinghe sworn in as Acting Finance Minister (Category: Breaking News)
- IMF Executive Board to meet on 12th June to decide on Sri Lanka (Category: Breaking News)
As a collective body of exporters, we have been at the forefront of sustaining employment and ensuring a steady flow of foreign exchange, even amidst the most severe economic downturns faced by our nation. Our membership covers the majority of merchandise exports, which account for some 13% of Sri Lanka’s GDP. Today, we stand united […]
- ‘Recognizing, Inspiring and Strengthening’ SL’s exporters (Category: Breaking News)
- Brandix excels at export awards (Category: Breaking News)
- Dollars and conscience (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
[…]The post Why The Sri Lankan Rupee Is Appreciating appeared first on Colombo Telegraph.
- Journey Through The Rotten Bridge For The Reforms Of Government Expenditure (Category: Breaking News)
- Who Are Primarily Responsible For The Economic Disaster, The Politicians Or The People? (Category: Breaking News)
- The Impact Of The Next Election On The Economic Reforms (Category: Breaking News)
- Sri Lanka In Dire Straits (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (March 19), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on March 19, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee appreciates further against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee further appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka President Ranil delivers Government’s policy statement in Parliament (Category: Breaking News)
- Sri Lanka expects 1.8% Economic growth in 2024 (Category: Breaking News)
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (February 02), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 (Category: Breaking News)
- Sri Lankan Rupee further appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
The cost of foreign loan interest that the Sri Lanka Ports Authority (SLPA) had to pay in 2022 increased by 200 percent compared to the previous year due to the depreciation of the Sri Lanka rupee, the SLPA’s 2022 Annual Report states. However, the SLPA reported a net after tax profit of 42.3 billion rupees […]
- Sri Lanka’s Hatton National Bank net up in March 2022 quarter (Category: Breaking News)
- Sri Lanka’s NTB profits down 12-pct in March quarter (Category: Breaking News)
- Siyambalapitiya boasts of recording primary surplus Rs 53 bn up to May (Category: Breaking News)
- Sri Lanka’s Sampath Bank’s Profit down by 4.9-pct (Category: Breaking News)
[…]The post Hero Syndrome & Unlawful Acts: Politicians In The Fantasyland Of Omnipotence appeared first on Colombo Telegraph.
- Don’t Shoot The Messenger: Commissions, An “Open Sesame” (Category: Breaking News)
- Fear Corrupts Politicians: Time To Repeal Custom-Made Laws (Category: Breaking News)
- Naked King & The Crumbling State: Seven Decades Of Fake Saviours (Category: Breaking News)
- Failed Economy: Bribery & Corruption To Maintain Power (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (August 02), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciated against U.S. Dollar on August 02, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee appreciated against U.S. Dollar on February 02, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee further appreciates against U.S. Dollar (Category: Breaking News)
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 26), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 10, 2023 (Category: Breaking News)
Summarised below are the key operational and financial highlights of our performance during the quarter under review: Group PBT at Rs.1.40 billion in the first quarter of the financial year 2023/24 is a decrease over the Rs.14.80 billion recorded in the previous financial year. The first quarter of the previous year included Rs.10.12 billion of […]
- JKH records EBITDA growth of 9% to Rs.10.41 billion in Q3 (Category: Breaking News)
- Dialog rings steady results (Category: Business)
- ComBank stays on growth trajectory in 2023 with notable Q4 performance (Category: Breaking News)
- Dialog dials top line growth in 2Q; forex losses cut profit (Category: Business)
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 18), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 11, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 17), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 10, 2023 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 11), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 11, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (July 10), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar on July 10, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (July 06), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar on July 06, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 11, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 26, 2023 (Category: Breaking News)
Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to 'C' from 'CC'. The issue ratings on local-currency bonds have also been downgraded to 'C' from 'CC'.The post Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘C’ appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’ (Category: Breaking News)
- Fitch downgrades Sri Lanka (Category: Breaking News)
- Fitch Downgrades Sri Lanka s Long-Term Local-Currency IDR to C (Category: Breaking News)
- Fitch downgrades SL’s Long-Term Local-Currency IDR to ‘RD’ (Category: Breaking News)
Fitch Ratings has warned of risks in Sri Lanka’s domestic debt restructuring plan but noted that it resolves uncertainties around its impact on the local banking sector. The Sri Lankan Government’s proposal for treatment of domestic debt marks a significant step towards resolving uncertainties around the impact of the sovereign’s debt restructuring on the local […]
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
- Fitch Ratings warns of risks from political instability in Sri Lanka (Category: Breaking News)
- Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative (Category: Breaking News)
- Fitch warns Sri Lankan corporates at risk (Category: Breaking News)
By Rathindra Kuruwita The appreciation of Sri Lankan rupee against major foreign currencies alone was not an indication of economic stabilisation, H M C G Bandara, Senior Lecturer at the Sabaragamuwa University says.Bandara said that exchange rates, interest rate and inflation had become hot topics
- Currency Policy (Category: Business)
- CB Governor stresses on need to stay the course (Category: Breaking News)
- Inflation – Public Enemy Number One (Category: Breaking News)
- ‘Former govt.’s currency printing spree, chief among reasons for economic debacle’ (Category: Breaking News)
he Sri Lankan Rupee (LKR) has depreciated against the US dollar (USD) today (June 12), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee depreciates against U.S. Dollar appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
Tuesday 6th June, 2023 Most people are labouring under the misconception that every prospect pleases in this country and only politicians are vile. Hence the unprecedented rise of anti-politics during the past several years and the demand that all 225 MPs go home. It is popularly thought that all we need to do is to […]
- 30-year city plan must go public (Category: South Australia)
- All roads in the North are open to the public, says Military Spokesperson (Category: Breaking News)
- Politicians` idle dreams and the work ethic (Category: Breaking News)
- Authorities launch homicide investigation in Dallas County (Category: USA, Iowa)
State Finance Minister Ranjith Siyambalapitiya yesterday announced the easing of import restrictions on approximately 300 to 400 items from next week.This decision is a direct result of the improved availability of US dollars, he said. During a media conference, in Ruwanwella, Minister Siyambalapitiya explained that the initial import restrictions were imposed due to the shortage […]
- Import restrictions on more goods to be eased in near future  State Minister (Category: Breaking News)
- Sri Lanka to restrict imports of five fruit varieties (Category: Breaking News)
- Vehicle import restrictions to be lifted only after thorough analysis - state minister (Category: Breaking News)
- Restrictions on vehicle imports to be relaxed by next year  Semasinghe (Category: Breaking News)
ECONOMYNEXT –Sri Lanka’s personal income tax hikes have hit economic activity in the first quarter though despite currency stability helped businesses cut prices, Hemas Holdings, a top consumer goods group has said.As the currency stabilized, as central bank ended contradictory money and exchange policy conflicts, businesses had cut prices. Mainstream economists generally claim that price […...
- Rupee appreciation alone not indicative of economic stabilisation – economist (Category: Breaking News)
- Sajith claims VAT hike will shrink economy (Category: Breaking News)
- Tax payers look to tighten belts further or migrate as progressive taxes bite (Category: Breaking News)
- CBSL Governor upbeat about being on right track, but urges govt. to do more to protect low-incom... (Category: Breaking News)
By Hema Senanayake hemasenanayake@yahoo.com IMF has an ideology, a system of ideas and ideals which forms the basis of its decisions and policy prescriptions for which the recipient country of the loan claims as of its own. The most important idea does not originate from economic theory but international trade theories instead. The Great Recession […]
- Flexible Rate (Category: Business)
- RW says great power rivalries and geopolitics emerging threat to Third World (Category: Breaking News)
- Steve Hanke on currency boards and flawed pegs amid Sri Lanka meltdown (Category: Breaking News)
- Reactions (Category: Business)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (May 16), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (May 17), according to the Central Bank of Sri Lanka (CBSL).The post Sri Lankan Rupee appreciates against U.S. Dollar appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 26, 2024 (Category: Breaking News)
- Sri Lankan Rupee appreciated against U.S. Dollar on April 27, 2024 (Category: Breaking News)
SriLankan Airlines says it did not receive any outside funding in the last two years. The airline also said it suffered a foreign exchange loss of LKR142.6 billion resulting from the revaluation of net foreign currency liabilities due to the sudden depreciation of the Sri Lankan rupee exchange rate
- SriLankan Airlines denies claims it lost essential workers (Category: Breaking News)
- Government to sell 49 % stake in SriLankan (Category: Breaking News)
- SriLankan Airlines insists it has sufficient amount of pilots (Category: Breaking News)
- SriLankan denies claims flights grounded over financial issues (Category: Breaking News)
Popular Topics
- International Monetary Fund (38)
- Political crisis (24)
- Foreign exchange reserves (90)
- Shortage (6)
- Bank reserves (68)
- Fuel (12)
- Economy of Sri Lanka (90)
- Russia (3)
- Ukraine (6)
- Sri Lanka Tea (90)
- Tourism (9)
- Sri Lanka Quality Tea (90)
- Sri Lanka Tourism (90)
- Sri Lanka Cricket (90)
- Sri Lanka Hotels (90)
- Sri Lanka Elections (90)
- Hiru Tv (2)
- ITN News (90)
- Shakthi Tv (2)
- Derana Dream Star (1)
- EPF (2)
- BBC (1)