- Last Update 2025-06-08 00:01:00
SL to receive US dollars 1.5 billion from China as swap
Sri Lanka is set to receive a swap of US 1.5 billion from the Central Bank of China to raise its foreign reserves.
The Central Bank (CB) last week explained that measures were being taken to ensure that by end of 2021 official reserves will remain above US dollars 3 billion.
The CB said as articulated in the Six-Month Road Map, number of foreign exchange inflows are envisaged in the very near term.
“Major foreign exchange inflows to the Central Bank include SWAP facilities with Middle Eastern and other regional central banks amounting to about US dollars 2 billion. The Government is also in the process of securing Government to Government financing, syndicated loans as well as loans from multilateral organisations,” the CB said.
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- May 31, 2025 - 481 - 0
Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
- June 2, 2025 - 448 - 0
National Tax week launched
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
- June 2, 2025 - 351 - 0
SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.
- May 29, 2025 - 261 - 0
Mahindananda and Nalin Fernando Jailed
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
- June 3, 2025 - 188 - 0
Krishanthi Kumaraswami convicts FR dismissed by SC
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
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