Sri Lanka news, Sri Lanka economy, Sri Lanka rupee from …
Sri Lanka news, Sri Lanka economy, Sri Lanka business news, Sri Lanka stocks, dollar rupee latest updates from EconomyNext
List of candidates and preferential votes in Sri Lanka 2024 election
Nov 15, 2024 · ECONOMYNEXT- Fitch Ratings said it was upgrading Sri Lanka’s foreign currency rating out of restricted default (RD) status, to CCC+ after 98 percent of bondholders accepted an offer to restructure defaulted bonds with new securities issued on December 20.
Sri Lanka central bank’s net reserves brought to almost zero by …
Nov 17, 2024 · OPERATING FRAMEWORK: Sri Lanka’s central bank has not been able to build its own reserves to fully cover its reserve money (even if excess liquidity is ignored) since aggressive open market operations to target a mid-corridor rate started around 2015 and currency crises hit in rapid succession.
In Sri Lanka elections 2024, President’s NPP party heads for landslide
Nov 15, 2024 · ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayake’s National People’s Power is heading for a landslide in the 2024 parliamentary elections, and is on track for a two – thirds majority, results released so far shows.
Sri Lanka says IMF review mission talks ‘successful’
Nov 22, 2024 · ECONOMYNEXT – Sri Lanka’s rupee opened weaker at 293.75/294.75 to the US dollar in the spot market, from 293.50/294.00 on Friday, while bond yields were down, dealers said.
Possible impact of Trump presidency on Sri Lanka’s exports …
Nov 18, 2024 · ECONOMYNEXT – The Colombo Stock Exchange ended firmer on Wednesday, after a drop in the early trade, data on its site showed. The broader ASPI closed up 0.67 percent, or 97.84 points, at 14,614.30; while the more liquid S&P SL20 Index closed up 0.45 percent, or 19.56 points, at 4,404.13.
Sri Lanka prints Rs100bn through open market operations
Oct 27, 2024 · ECONOMYNEXT – Sri Lanka’s rupee opened weaker at 293.75/294.75 to the US dollar in the spot market, from 293.50/294.00 on Friday, while bond yields were down, dealers said.
ADB US$200 million loan to strengthen Sri Lanka’s financial sector
Nov 19, 2024 · The Asian Development Bank (ADB) has approved a 200 million dollar policy-based loan to help strengthen Sri Lanka's financial sector, including strengthening the banking sector’s asset quality, and ensuring financial inclusion of women and vulnerable groups.
Sri Lanka bondholders in final round of negotiations: report
Nov 22, 2024 · ECONOMYNEXT – Sri Lanka’s bank bad loans fell to 12.4 percent of loans in the third quarter of 2024 from 13.6 percent a year ago, while capital adequacy has improved steadily a central bank report showed.
Economynext - Election Center
Track Sri Lanka's 2024 General Election Results live at EconomyNext.com and discover the composition of the next Sri Lankan Parliament