The International Monetary Fund has released the fifth instalment of 252 million US Dollars under the Extensive Credit Facility. A conference to apprise the media on the current stand taken by the International Monetary Fund on behalf of the broad
The experts study report for the production of Single Super Phosphate from the Eppawala Phosphate mine had been handed over to Minister Mahinda Amaraweera. The Eppawala Phosphate Mine is considered to be so far the world’s best. Although the prosperous
Who is the richest person in the world? While Forbes updates their list of the world’s billionaires in real time as markets fluctuate, the magazine also releases a more static list each year. #1. Jeff Bezos CEO and Founder, Amazon.com
The Manufacturing Sector PMI recovered in May following the seasonal contraction observed in the previous month and recorded an index value of 60.6 in May with an increase of 15.1 index points from April. The recovery of PMI was largely
Minister of Finance and Mass Media Mangala Samaraweera says the current government has been able to increase country’s foreign reserves to 9.5 billion US dollars. The Minister made the comment addressing a Business Council held in Colombo yesterday. Minister Samaraweera
The Bahrain government has agreed to invest in Sri Lanka. A trade delegation from the Commerce and Industrial Chamber of Bahrain called on Minister Rishad Bathiyudeen and declared their willingness to invest in the island nation. The discussions between the
Director General of the International Rice Research Institute, Dr. Mattew Morel has pledged to provide technical assistance to improve Sri Lanka’s rice cultivation. The assistance will be extended to mitigate impacts of the climate change. The Director General has also
Chief Executive Officer of the Doha Bank Group R. Seetharaman has said that Sri Lanka’s economy is stable. As such many investors are keen on starting businesses in Sri Lanka. He made this observation at a media conference held in
Five thousand persons have been newly recruited to the Public Service. The recruitment took place under the patronage of Prime Minister Ranil Wickremasighe. Speaking on the occasion, the Prime Minister said that the Government was able to record the highest
Minister Malik Samarawickrema says that there has been a significant development in exports and investment sector during the past year. He said this during a media briefing in Colombo. Minister Malik Samarawickrama said that the exports were only 12 billion
| Country | Buying | Selling | |
 | Dollar | 174.31 | 178.06 |
| USA | |||
 | Pound | 219.38 | 226.29 |
| UK | |||
 | Euro | 195.48 | 202.19 |
| EU | |||
 | Yen | 1.59 | 1.65 |
| Japan | |||
 | Yuan | 25.11 | 26.28 |
| China | |||
 | Dollar | 120.42 | 125.45 |
| Australia | |||
| Country | Currency | Rate |
 | Dinar | 467.71 |
 | Dinar | 580.41 |
 | Riyal | 457.99 |
 | Riyal | 48.42 |
 | Riyal | 47.01 |
 | Dirham | 48.00 |
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