Sri Lanka, Saudi Arabia to cooperate in promoting direct investment

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S ri Lanka and the Kingdom of Saudi Arabia are set to sign a memorandum of understanding to enhance cooperation in promoting direct investment, according...

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....

The United States Welcomes Sri Lanka’s Debt Restructuring Accord

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J ulie Chung, US Ambassador to Sri Lanka, has expressed the United States' positive reception to the recent agreement on debt restructuring between Sri Lanka...

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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