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IMF and Sri Lanka

Sri Lanka says Adani port project to continue despite US charges

COLOMBO: Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its...

Published 13 Dec, 2024 01:41pm

World

Sri Lanka welcomes US sanctions on former ruling clan

COLOMBO: Sri Lanka’s new government Tuesday welcomed US sanctions against two senior figures from the former ruling...

Published 10 Dec, 2024 01:36pm

World

Sri Lanka president to visit India in first overseas trip

COLOMBO: Sri Lankan President Anura Kumara Dissanayake will travel to India on Sunday for talks with Prime Minister...

Published 10 Dec, 2024 01:20pm

Business & Finance

Sri Lanka to ink debt deals by year’s end: minister

COLOMBO: Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the...

Updated 05 Dec, 2024 05:13pm

Business & Finance

Sri Lanka kicks off much-delayed $12.5bn bond deal

COLOMBO: Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in...

Published 28 Nov, 2024 07:26am

World

Sri Lanka’s president makes U-turn on IMF bailout

COLOMBO: Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election...

Published 22 Nov, 2024 03:03am

Business & Finance

Sri Lanka debt talks stall as deadline looms

COLOMBO: Bankrupt Sri Lanka said Tuesday it had failed after three weeks of talks to reach an agreement with its...

Published 17 Apr, 2024 05:28am

World

IMF staff to visit Sri Lanka in Sept for first programme review

LONDON: An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on...

Published 15 Aug, 2023 11:38pm

World

Sri Lanka to start next round of talks with creditors in April

COLOMBO: Sri Lanka will kick off the next round of talks with creditors in the third week of April, President Ranil...

Published 22 Mar, 2023 12:57pm

Markets

IMF bailout not a silver bullet for Sri Lanka, says Moody’s Analytics

MUMBAI: Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and...

Published 21 Mar, 2023 12:43pm

World

Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust

COLOMBO: When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his...

Published 21 Mar, 2023 11:10am

Markets

Debt-stricken Sri Lanka to receive first tranche of IMF bailout funds in two days

COLOMBO: Sri Lanka will get the first $330 million tranche of the International Monetary Fund’s bailout in the next...

Updated 21 Mar, 2023 12:18pm

World

IMF approves Sri Lanka's $2.9bn bailout

COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9...

Published 20 Mar, 2023 10:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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IMF and Sri Lanka

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