Net foreign assets of the Sri Lanka's central bank have been brought to almost zero by September 2024, through consistent ...

The party of Sri Lanka’s new Marxist-leaning President Anura Kumara Dissanayake has won a two-thirds majority in parliament.

Sri Lankans have voted in a parliamentary election that's key for their new, Marxist-leaning president to consolidate his ...

Foreign exchange reserves plummeted, leaving Sri Lanka unable to pay for imports or defend its currency, the rupee. Sri Lanka’s economic upheaval led to a political crisis that forced then-President ...

The Central Bank of Sri Lanka, which has sole authority to print currency in the island nation, told AFP it had not released ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The equity market’s turnover fell to 4.75 billion Sri Lankan rupees ($16.2 million) from 4.79 billion rupees in the previous session, according to exchange data. Foreign investors were net ...

The Indian rupee has a favourable exchange rate in Sri Lanka at about 1 LKR = 0.25 INR. The Sri Lankan rupee's lower value results from economic fluctuations and inflationary trends. With 100 INR ...