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IMF sri lanka

Sri Lanka approves controversial foreign debt deal

COLOMBO: Sri Lanka’s new government has approved a controversial restructure of $14.7 billion in foreign commercial...

Published 05 Oct, 2024 11:30am

World

Sri Lanka gets backing from IMF, bilateral creditors for $12.5bn bondholder debt rework

COLOMBO: Sri Lanka’s $12.5 billion bondholder debt rework has received support from bilateral creditors and the...

Published 04 Oct, 2024 06:54pm

Business & Finance

Sustaining reforms critical for Sri Lanka: IMF

COLOMBO: Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International...

Published 04 Oct, 2024 12:40pm

World

Sri Lanka to begin talks with IMF to take forward $2.9bn bailout, president says

COLOMBO: Sri Lanka’s new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations...

Published 25 Sep, 2024 07:27pm

World

IMF says ready for talks with Sri Lanka’s new leftist government

COLOMBO: The International Monetary Fund is ready to discuss its controversial $2.9 billion bailout programme for...

Published 24 Sep, 2024 11:21am

World

New Marxist president vows to ‘rewrite Sri Lankan history’

COLOMBO: Sri Lanka’s Marxist president-elect on Sunday invited his compatriots to help him “rewrite” history in the...

Published 22 Sep, 2024 09:09pm

World

For Sri Lanka’s minority Tamils, election does not offer hope

JAFFNA: Scarred by a decades-long civil war and struggling to survive in Sri Lanka’s crippled economy, ethnic...

Published 20 Sep, 2024 01:54pm

World

Sri Lanka to vote in first poll since economic collapse

COLOMBO: Cash-strapped Sri Lanka will vote for its next president Saturday in an effective referendum on an...

Published 19 Sep, 2024 11:59am

World

Cash-strapped Sri Lanka eyes China development

COLOMBO: Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but...

Published 18 Sep, 2024 11:12am

World

IMF pushes Sri Lanka to clinch debt deal with China

COLOMBO: Sri Lanka must speed up debt restructuring with key bilateral lender China and other creditors to sustain a...

Published 21 Mar, 2024 06:34pm

Business & Finance

Bankrupt Sri Lanka to seek debt moratorium until 2028

COLOMBO: Sri Lanka’s president said Wednesday he was seeking a moratorium on foreign debt repayments until 2028,...

Published 06 Mar, 2024 02:56pm

World

Sri Lanka could exit bankruptcy by September, says president

COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a...

Updated 30 Jun, 2023 02:37pm

Markets

Sri Lankan shares rise as central bank cuts rates, signals rebound from crisis

Sri Lankan shares rose on Thursday after the country’s central bank cut key interest rates by 250 basis points on...

Published 01 Jun, 2023 12:06pm

World

Debt-ridden Sri Lanka gets $350mn loan boost from Asian Development Bank

COLOMBO: The Asian Development Bank (ADB) on Monday approved a $350 million special policy-based loan to provide...

Published 29 May, 2023 02:01pm

Markets

Japan, India and France announce common platform for Sri Lanka creditors

WASHINGTON: Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to...

Published 14 Apr, 2023 10:59am

World

Strike grips Sri Lanka as unions protest IMF bailout

COLOMBO: Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested...

Updated 15 Mar, 2023 08:08pm

World

Sri Lanka president says no side arrangements with any creditor

COLOMBO: Sri Lanka will not make side arrangements with any of its bilateral or commercial creditors to reduce the...

Published 14 Mar, 2023 08:43pm

Business & Finance

Sri Lanka to announce debt restructuring strategy in April

COLOMBO: Sri Lanka aims to announce a debt-restructuring strategy in April and step up talks with commercial...

Published 10 Mar, 2023 03:46am

World

IMF mulls loan approval to Sri Lanka, even without China’s assurance

The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance...

Published 17 Feb, 2023 10:16pm

Business & Finance

Bankrupt Sri Lanka hikes power prices again for IMF deal

COLOMBO: Sri Lanka’s electricity board hiked consumer rates by up to 275 percent, officials said Thursday, the...

Published 16 Feb, 2023 11:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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