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Sri Lankan Rupee Strengthens Against US Dollar for Third Week

Analysts point to stronger remittance inflows and a rebound in tourism earnings.

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The announcement affects roughly 1379 businesses registered with the chamber of commerce, most of them small and medium enterprises.

The figures come as Sri Lanka continues its post-crisis recovery, with exporters pressing for policy stability over the medium term.

We are seeing early signs of a genuine, broad-based recovery.

Central Bank Economist
  • The finance ministry will publish a full report next month
  • The Colombo Stock Exchange closed higher for a third straight session
  • Foreign remittances remained steady compared to the previous quarter
  • Banking sector shares led gains on the trading floor
Business illustration
Business — file photo

Industry chambers say they will keep pressing for reforms that make it easier to do business.

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