Search results
1 – 6 of 6Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…
Details
DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
Keywords
Geographic
Topical
The government nevertheless remains under pressure from domestic critics and external stakeholders because of dwindling foreign exchange (forex) reserves and a growing debt…
Details
DOI: 10.1108/OXAN-DB263250
ISSN: 2633-304X
Keywords
Geographic
Topical
SRI LANKA: Risks to banks will increase
Details
DOI: 10.1108/OXAN-ES268335
ISSN: 2633-304X
Keywords
Geographic
Topical
Some observers have raised doubts about the solvency of Sri Lanka's banks amid the country's deepening foreign exchange (forex) crisis. Forex reserves stood at USD2.3bn at…
Details
DOI: 10.1108/OXAN-DB268315
ISSN: 2633-304X
Keywords
Geographic
Topical
Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…
Details
DOI: 10.1108/OXAN-DB271412
ISSN: 2633-304X
Keywords
Geographic
Topical
Mahinda Rajapaksa, a former president and leader of the Sri Lanka Podujana Peramuna (SLPP), is seeking a mandate for a full term as prime minister; he was appointed premier last…