UNP Slams Government Over Rupee Depreciation and Economic Policy.
The United National Party (UNP) has criticized the government for the significant depreciation of the Sri Lankan rupee, warning that the rising cost of living is placing an unbearable burden on the public while export sectors focus primarily on profits.
Sri Lanka Financial Update: Rupee Spot Quotes Absent as Bond Yields Rise.
Sri Lanka’s currency market saw no spot quotes for the rupee on Thursday, while government bond yields experienced a slight upward trend. Simultaneously, the Colombo Stock Exchange faced a marginal decline, even as the recent Treasury bill auction saw yields fall across all maturities.
Sri Lankan Rupee Shows Continued Fluctuations Against the US Dollar.
The Sri Lankan Rupee has experienced continued volatility against the US Dollar across commercial banks, with buying and selling rates showing a steady upward trend in line with recent market data.
Vehicle Importers Warn of Impending Price Hikes Amidst Currency and Tax Pressures.
The Vehicle Importers’ Association of Sri Lanka warns that vehicle prices are set to climb due to the depreciation of the Rupee and the recent increase in the Social Security Contribution Levy.















