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A service for FOREX trading professionals · Thursday, July 10, 2025 · 830,114,157 Articles · 3+ Million Readers
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Sri Lankan Rupee (LKR) News Monitoring

  • Published on Jul 7, 2025

    Sri Lanka rupee opens stronger, bond yields steady

    ECONOMYNEXT – Sri Lanka’s Gem & Jewellery Authority hopes for higher revenue from tourists buying precious stones and metals from the island nation after the Inland Revenue Department (IRD) resumed Value Added Tax (VAT) refunding last week. The IRD …

    Source: EconomyNext - Neutral
  • Published on Jul 8, 2025

    BRICS currency paves way for BRICS Pay

    The US and its President have a reason to fear the growing clout of the BRICS bloc | Photo Credit: iStockphoto The BRICS summit 2025 has drawn to a close with the usual commitment to forge cooperation in the Global South and the expected tirade from Donald …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 9, 2025

    Rs. 72.50 b Treasury bill auction undersubscribed

        Secondary bonds market yields steady Rupee appreciates By Wealth Trust Securities The weekly Treasury bill auction conducted yesterday was undersubscribed. The auction raised 91.74% or Rs. 66.51 billion out of the entire Rs. 72.50 billion offered at …

    Source: Daily FT - Pending
  • Published on Jul 7, 2025

    Is Sri Lanka ready for the long road to sustained recovery?

    Transitioning from stabilisation to long-term growth requires a bold, forward-looking agenda to promote growth enhancing structural reforms Introduction  In my article “Is Sri Lanka’s recovery sustainable?” published in the Daily FT on 18 January 2024, I …

    Source: Daily FT - Pending
  • Published on Jul 5, 2025

    India’s Mazagon Dock Acquires Majority Stake in Colombo Dockyard

    In a significant development, India’s state-owned Mazagon Dock Shipbuilders (MDL) has announced its acquisition of a 51% controlling stake in Colombo Dockyard PLC for $52.96 million. The deal, finalized last week with Japan’s Onomichi Dockyard, is expected …

    Source: Nautical Voice - Pending
  • Published on Jul 6, 2025

    SL Government to Curb Generous Tax Holidays under IMF Reforms

    By: Staff Writer July 06, Colombo (LNW): Sri Lanka has agreed to halt the approval of new tax concessions under the Port City Act and the Strategic Development Projects (SDP) Act, as part of a broader reform agenda under the International Monetary Fund ( …

    Source: Lanka News Web - Pending
  • Published on Jul 6, 2025

    Global credit outlook weakens amid tariffs, geopolitical strain: Fitch

    ECONOMYNEXT – Sri Lanka is planning to discontinue a senior citizen interest subsidy schemes after abuse, after massive cost overruns and hidden arrears were discovered, especially in the run up to a sovereign default, International Monetary Fund program …

    Source: EconomyNext - Neutral
  • Published on Jul 5, 2025

    BB unlikely to cut policy rate now

    The Bangladesh Bank (BB) is unlikely to reduce the policy or repo rate for the second half of this year as inflation continues to remain stubbornly high, according to the central bank governor. The central bank hiked the policy rate, at which it lends to …

    Source: Daily Star - Neutral
  • Published on Jul 5, 2025

    Column: Toward a multi-polar international monetary system

    In the long term, developing a multi-polar international monetary order will contribute to a more stable and equitable global financial system. by Maya Majueran A multi-polar international monetary system envisions a global financial architecture in which …

    Source: Birmingham Star - Alabama - Pending
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