Business

SL defaults on debt for first time in its history

Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in...

Both CSE indices record gains

Closing at 8,457.65 points today (17), Colombo Stock Exchange’s All Share Price Index (ASPI) gained 359.24 basis points during the day’s trading. The S&P SL20...

Buy and sell exchange rates on 17.05.2022

The following are the average rates currencies quoted on 17.05.2022 at 9.30 am by commercial banks in Colombo for Telegraph Transfers (TT). All exchange rates...

SL Missions in talks to raise USD 3B

Diplomatic missions of Sri Lanka are in talks to raise some US$ 3 billion from the respective countries over the next few months, Government...

Did the USD selling rate drop because of Ranil? Explanation brought to light

The selling price of the US dollar saw a significant drop today (13). According to the official daily exchange rate chart of the Central Bank...

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