Sri Lanka beats key IMF program targets for March 2024 amid rupee stability

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S ri Lanka has surpassed key quantitative targets set by the International Monetary Fund (IMF) for March 2024, according to preliminary data reported by the...

Sri Lanka rupee closes steady at 305.25/35 to US dollar

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O n Tuesday, Sri Lanka's rupee held steady against the US dollar, closing at 305.25/35 compared to 305.20/30 the previous day, according to market sources....

Sri Lanka signs US$4.8bn Chinese debt deal

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R ecently, Sri Lanka finalized a crucial debt restructuring agreement in Beijing with the China Export and Import Bank, as announced by the President’s Media...

Central Bank purchases US$ 193 mn in FX in May

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I n May, the Central Bank continued to maintain a steady flow of foreign currency into the domestic exchange market, purchasing US$ 224.5 million from...

Sri Lanka Settles 225$ Million Debt to Reserve Bank of India in Q1

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S ri Lanka's central bank has repaid $225 million to the Reserve Bank of India in the first quarter of 2024, according to official data....
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