Sri Lanka’s January trade deficit rose 49.7 per cent to $965.5 million year-on-year, central bank data showed on Monday. Gross official reserves fell 2.5 per cent to $5.81 billion in January from $5.96 billion a month ago and were sufficient to finance 3.4 months of imports. The central bank heavily spent reserves to defend the rupee currency in the second half of 2011. Sri Lanka suffered a record trade deficit of $9.7 billion last year, prompting the central bank to raise policy rates and allow flexibility in the exchange rate by not intervening in the market.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor