In recent years, the landscape of banking interactions has undergone a notable transformation. What once involved multiple steps—such as visiting a physical branch, completing paperwork, […]
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Sri Lankan Rupee Remains Stable as Bond Yields Show Little Change
FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee was valued at 315.35/55 against the US dollar in the spot market, a slight increase from […]
Sri Lanka’s February 2026 Import Expenditures Surge Due to Increased Fuel and Vehicle Purchases, Widening Trade Deficit
FINANCIAL CHRONICLE – The import expenditure in February 2026 experienced a significant increase, primarily driven by higher costs associated with fuel and vehicle imports, leading […]
Sri Lanka’s regulatory body greenlights increase in electricity rates
FINANCIAL CHRONICLE – The Public Utilities Commission of Sri Lanka (PUCSL) has announced that electricity rates will rise by as much as 25 percent, taking […]