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
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Asian Development Bank grants $350 million to cash-strapped Sri Lanka
Manila (AFP)- The Asian Development Bank approved a $350 million loan on Monday for bankrupt Sri Lanka, buttressing an IMFContinue Reading
Sri Lanka president vows to conclude debt-restructuring talks by Sept or Nov
TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by September or NovemberContinue Reading
IMF Asks Sri Lanka To Speed Debt Restructuring
The International Monetary Fund asked Sri Lanka Tuesday to speed its debt restructuring and warned any delays could undermine effortsContinue Reading
Sri Lanka rupee drops below 300 as central bank eases dollar buying -analysts
Sri Lanka’s rupee dropped below 300 against the U.S. dollar for the first time in over a year as theContinue Reading
IMF official says Sri Lanka reforms critical, evaluating progress
COLOMBO (Reuters) -The International Monetary Fund (IMF) mission in Sri Lanka will evaluate progress made on reforms so far andContinue Reading
Sri Lanka’s Airline Posts staggering $525m Annual Loss
Cash-strapped Sri Lanka’s national airline announced a staggering $525 million annual loss on Friday. With nearly 6,000 staff, SriLankan AirlinesContinue Reading
WHO declares end to COVID global health emergency that has killed more than 6.9 million people
LONDON, May 5 (Reuters) – The World Health Organization on Friday declared an end to COVID-19 as a global healthContinue Reading
Chinese state-owned firm to build major Sri Lanka port complex
A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion byContinue Reading
Sri Lankan Parliament votes to support IMF recovery program
COLOMBO (AP)- Sri Lanka’s Parliament voted Friday to support the implementation of a four-year International Monetary Fund program aimed at solvingContinue Reading
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