Sri Lanka Rupee’s Rally May Falter as 17% Slide to 350 Rupees Seen on Horizon- Bloomberg
(Bloomberg) — After topping global currency rankings this year, analysts are predicting tough times ahead for the Sri Lankan rupeeContinue Reading
(Bloomberg) — After topping global currency rankings this year, analysts are predicting tough times ahead for the Sri Lankan rupeeContinue Reading
Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading
COLOMBO, May 26 (Reuters) – Sri Lanka’s tea production in the first four months of 2023 dropped 20% to aContinue Reading
TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading
Sri Lanka’s navy said Wednesday it had located 14 bodies inside a Chinese fishing boat that had capsized last weekContinue Reading
The International Monetary Fund asked Sri Lanka Tuesday to speed its debt restructuring and warned any delays could undermine effortsContinue Reading
COLOMBO, Sri Lanka (AP) — Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter intoContinue Reading
Sri Lanka’s rupee dropped below 300 against the U.S. dollar for the first time in over a year as theContinue Reading
Angry villagers stormed a remote government office in Sri Lanka on Tuesday, officials said, a day after a herd ofContinue Reading
COLOMBO (Reuters) -The International Monetary Fund (IMF) mission in Sri Lanka will evaluate progress made on reforms so far andContinue Reading