Sri Lanka's reserves grew 26% to a 19-month high of $3.8 billion in July, helped by stronger remittances and tourism earnings. The currency has risen about 13.5% this year, central bank data showed.

The Sri Lankan government this week confirmed it will lift its ban on vehicle imports into the country this year, as it looks to increase its import tax revenues and improve public finances. The ...

Colombo, Dec 18 (PTI) Sri Lanka has announced that they will lift the vehicles import ban which was put in place in 2020 to ease the pressure on foreign exchange reserves due to the COVID-19 pandemic.

Sri Lanka imported about $1.4bn worth of vehicles in the year before the ban was imposed. This year the central bank says it's planning to allocate up to a billion dollars for vehicle imports, but ...

Sri Lanka imported about $1.4bn worth of vehicles in the year before the ban was imposed. This year the central bank says it's planning to allocate up to a billion dollars for vehicle imports, but ...

Sri Lanka imported about $1.4bn worth of vehicles in the year before the ban was imposed. This year the central bank says it's planning to allocate up to a billion dollars for vehicle imports, but ...