Tag: GAAM: Market rallied 1.2 pct last week

currency_dollers

RDA to obtain Rs23bn for Central Expressway phase II

Feb 01, 2017 (LBO) – Sri Lanka’s Cabinet has decided to obtain part of the funds for the construction of phase II of Central Expressway Project from two state banks. The government has identified it as one of its priority projects for promoting economic development in the country by improving connectivity among various regions, a […]

Sri Lankan rupee edges down on importer dollar demand; stocks up

Sri Lankan rupee edges down on importer dollar demand; stocks up

Nov 23, 2016 (Reuters) – The Sri Lankan rupee fell slightly on Wednesday due to dollar demand from importers on fears that U.S. President-elect Donald Trump’s policies would lead to a rise in rates and the greenback. Foreign investors might pull out of emerging markets, including Sri Lanka, if the Fed raises interest rates next […]