Sri Lanka's gross foreign reserves dropped 42 million US dollars to 6,284 million US dollars, below the level seen in October ...

Sri Lanka was once a thriving economy, known for textiles, tourism, and one of the largest tire industries in the world. Today, it’s in economic ruin - inflation has soared to 60%, foreign reserves ...

"The restructuring is undertaken with a view to conserving the country’s much needed foreign reserves and minimising expenditure related to maintenance of Sri Lanka’s Missions / Posts overseas, while ...

In the past year, the amount of money remitted by Sri Lankans living abroad to Sri Lanka has surged from 2,214.8 million ... was introduced as a measure to manage petroleum demand due to foreign ...

Srilanka, April 30 -- Deputy Minister of Economic Development Dr. Anil Jayantha Fernando announced that Sri Lanka's official foreign reserves have increased to $6.5 billion as of the end of March.

Examining Sri Lanka’s current account, foreign reserves, and tax reform can help to explain what led to the country’s economic decline. (A timeline of events in Sri Lanka's economic collapse ...

BENGALURU – The International Monetary Fund (IMF) bailout will help bring Sri Lanka’s depleted foreign exchange reserve to pre-crisis levels in four years, said the country’s central bank chief.

COLOMBO, Nov. 7 (Xinhua) -- Sri Lanka's gross foreign reserves increased by 474 million U.S. dollars in October, reaching 6.4 billion dollars, according to the latest Central Bank of Sri Lanka data.

Russia can solve the problem of unwanted foreign reserves. This means that unless and until many countries join with their trade and financial transactions in a new currency like the Indian rupee, ...

COLOMBO (Reuters) – Sri Lanka’s Central Bank tightened trade restrictions on Saturday, ordering exporters to repatriate foreign exchange earnings within 180 days of transactions in a bid to ...

Foreign financing of Sri Lanka's budget was negative up to April 2025 by 27.9 billion rupees, up from 7.4 billion last year, ...

Sri Lanka’s macro-linked bonds (MLBs ... debt service capacity rises with dollar GDP not with exports or foreign currency reserves). Broadly speaking, the IMF set extremely generous targets ...