The Sri Lankan Rupee has further depreciated against the US Dollar, the Central Bank of Sri Lanka (CBSL) confirms.
Accordingly, the current selling price of one US Dollar is Rs 204.62.
Meanwhile, the buying rate of a US Dollar currently stands at Rs 199.80, CBSL reported.
A team from the International Monetary Fund (IMF), led by the Senior Mission Chief for…
The 2024 parliamentary election has marked a historic shift in Sri Lanka’s legislature, with nearly…
The National People’s Power (NPP) has announced the names nominated to fill the 18 National…
A special discussion on the future political direction of the United National Party (UNP) was…
President Anura Kumara Dissanayake will present the new government’s Policy Statement at the ceremonial sitting…
The Canadian Tamil Congress (CTC) has sent an official letter to President Anura Kumara Dissanayake…
View Comments
Amid record money printing and low rupee yields driven by so-called Modern Monetary Theory, Sri Lanka’s forward premiums inverted late last year, despite running the biggest balance of payments deficit in the country’s history.