Sri Lanka Central Bank imposes 100% margin deposit requirement against Letters of Credit (LCs) for vehicle imports
The Monetary Board of the Central Bank of Sri Lanka has imposed a 100 percent margin deposit requirement against Letters…
Tag: BOP
Export growth outpaces import gain in May
Exports up 9.8% to $ 924 m; first five months figure up 6.7% to $ 4.7 b Apparel and textiles key…
Mixed ending to 2017 external trade
December brings good tidings with exports hitting $1b for fifth time Apparel exports top $5b in 2017 recording good growth…
Sri Lanka’s trade deficit expands 8.4% in November 2017 despite double-digit growth in exports earnings
Despite a double-digit growth in exports earnings continued for a fifth consecutive month, Sri Lanka’s trade deficit widened 8.4 percent…
IMF commends SL’s economic reform efforts
The International Monetary Fund (IMF) has commended the commitment of the authorities towards implementing economic reforms while undertaking fiscal measures…