Sri Lanka forex

Forex crisis: Sri Lanka lowers limit of foreign currency people can hold to USD 10,000

Amid fuel crisis, Energy Minister Kanchana Wijesekera said that posts shared on MPs being given subsidised fuel rates are false.

published on : 19th May 2022

Sri Lanka repays USD 500 million international sovereign bonds amidst economic crisis

The settlement of these bonds, issued in 2012, came despite calls from the business fraternity, economic analysts and opposition politicians to defer the payment in view of the severe forex crisis.

published on : 18th January 2022

Sri Lanka will not default on debt repayments despite forex crisis: Finance Minister 

Finance Minister Basil Rajapaksa said Sri Lanka was in a major foreign reserves crisis. "I admitted in my budget speech that we are in a serious situation."

published on : 11th December 2021