Home T- Buzz

T- Buzz

“Dollar crisis is over” CBSL Governor

According to Central Bank Governor Dr. Nandalal Weerasinghe, the Sri Lanka rupee has experienced some fluctuations against the US dollar in the past two...

Masatoshi Ito, billionaire who made 7-Eleven a global giant, dies at 98

Japanese billionaire Masatoshi Ito, who helped turn 7-Eleven convenience stores into a global business empire, has died aged 98. He died last Friday from old...

Rupee depreciates against UAE’s Dirham

The Sri Lankan rupee has slightly depreciated against several Gulf currencies today, in comparison to last Friday (10). The rupee has also depreciated against the...

$8.4 billion : Sri Lanka ambitious plan to raise foreign reserves

Sri Lanka is set to implement an ambitious plan to increase its foreign reserves by a minimum of $8.4 billion, The Sunday Times reported. This...

IMF deal : Fitch ratings analysis on SL economy

Fitch Ratings-Hong Kong-10 March 2023: Fitch Ratings believes Sri Lanka is likely to secure financing support from the IMF after the fund’s Executive Board...

Foreign Remittances: February 2023 figures released

Sri Lankan migrant workers’ foreign remittances was recorded as US$ 407.4 million in February 2023, Minister of foreign employment Manusha Nanayakkara said in a...

BOI approves new hotel project in Nuwera Eliya

The tourism and hospitality landscape in Nuwara Eliya known as Little England will see the addition of a unique luxury property this year, with...

Official CBSL exchange rate : Dollar, Pound, Euro, Riyal, Dirham new rates

The Sri Lankan rupee has further appreciated against the US Dollar in comparison to yesterday, according to the Central Bank of Sri Lanka. The buying...

US dollar drops further in commercial banks

The US Dollar has dropped further in commercial banks this morning. Sampath Bank was buying the US Dollar at Rs. 315, while the selling rate...

Toblerone chocolates to lose “Swissness” criteria

Toblerone bars, sold in over 100 countries, can no longer be called Swiss chocolate because the brand’s US owner is moving some production out...

Decisive Zoom discussion between IMF-MD & President

A discussion took place last night (02) over Zoom between the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, and President Ranil...

How the 400 million USD Cross-Currency Swap Facility will help Sri Lanka

Cross-Currency Swap Facility in Sri Lanka Set to Boost Market Confidence For the Governor of Sri Lanka’s Central Bank, Dr. Nandalal Weerasinghe, IFC’s move...

Most Read