Fitch Ratings cites Sri Lanka’s banking system as a source of concern. Their latest report states that this is due to the large number of securities issued by the government in foreign exchange and the weakening of capital. The report… Read More
Sri Lanka reported another 43 covid 19 related deaths yesterday
Another 43 corona-infected deaths have been reported by the Government Information Department. At the same time the number of corona infected deaths reported from Sri Lanka has risen to 3120.
Current Economic Crisis in Sri Lanka – Dollars selling rate in Sri Lanka is 225 rupees
According to the economynext website the US dollar is selling at more than 225 rupees in Sri Lanka. Demand for the US dollar has risen sharply in recent days as a result of the increase in the number of rupee… Read More
Five more grama niladhaari divisions isolated
Five Grama Niladhari Divisions in four districts have been isolated with immediate effect from 06.00 this morning. These measures have been taken to prevent the spread of corona infections upon further encounter. The isolated areas are as follows.