Proposed reforms aim to improve service quality, reduce member difficulties and bring the country’s largest retirement fund in line with modern economic and technological needs Sri Lanka has begun another important step towards modernising the Employees’ Provident Fund system. This article explains what Cabinet has approved, why the 1958 law is being reviewed, the scale […]
Sri Lankan Rupee Remains Stable in Spot Market Trading Sri Lanka’s foreign exchange market remained relatively calm as the Sri Lankan rupee closed at around Rs. 334.50/75 against the US dollar in spot trading, while government bond yields showed little movement during the day’s trading session. The steady performance of both the currency and bond […]
Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary The Central Bank of Sri Lanka (CBSL) today issued a Rs. 2000 circulated commemorative currency note in celebration of its 75th anniversary. The launch of this special note reflects the milestone theme, “Stability for Prosperity,” underscoring CBSL’s continued commitment to […]
