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Tag: Sri Lanka

Posted on April 17, 2022

Meet the man who has the most unenviable job in Sri Lanka: Ali Sabry, Finance Minister

He replaced Basil Rajapaksa who resigned earlier this month along with the rest of the cabinet — this was a move by Basil’s brothers, President Gotabaya Rajapaksa and PM Mahinda Rajapaksa, to appoint …

( read original story …)



Posted on April 17, 2022

Bangladesh’s mounting debt stokes fears of a Sri Lanka-style crisis. But analysts see no cause for concern, just yet

As the burden of foreign debt grows heavier on Bangladesh, many are grappling with the nightmare scenario of a spiralling economic crisis similar to the one unfolding in Sri Lanka.

( read original story …)



Posted on April 17, 2022

Colombo Stock Exchange to remain shut for 5 days as Sri Lanka struggles to combat forex crisis

With Sri Lanka on the brink of bankruptcy and saddled with dwindling foreign reserves and $25 billion in foreign debt, the CSE will remain temporarily closed for a week from April 18. The stock market …

( read original story …)



Posted on April 17, 2022

Colombo Stock Exchange to remain shut for 5 days as Sri Lanka struggles to combat forex crisis

With Sri Lanka on the brink of bankruptcy and saddled with dwindling foreign reserves and $25 billion in foreign debt, the CSE will remain temporarily closed for a week from April 18. The stock market …

( read original story …)



Posted on April 17, 2022

As Sri Lanka Faces Worst Economic Crisis, Country’s Stock Exchange to Stop Trading From April 18

The SEC has “evaluated the impact the present situation in the country could have on the stock market, in particular the ability to conduct an orderly and fair market for trading in securities,” said …

( read original story …)



Posted on April 17, 2022

As Sri Lanka Faces Worst Economic Crisis, Country’s Stock Exchange to Stop Trading From April 18

The SEC has “evaluated the impact the present situation in the country could have on the stock market, in particular the ability to conduct an orderly and fair market for trading in securities,” said …

( read original story …)



Posted on April 17, 2022

Sri Lanka stock exchange to stop trading for 5 days from April 18

In midst of the country worst economic crisis, Sri Lanka Colombo Stock Exchange (CSE), on Saturday has been directed to temporarily close the stock market f …

( read original story …)



Posted on April 16, 2022

Crisis-hit Sri Lanka halts share trading as protests spiral

Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external …

( read original story …)



Posted on April 16, 2022

Crisis-hit Sri Lanka halts share trading as protests spiral

Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external …

( read original story …)



Posted on April 16, 2022

Sri Lanka declares 5-day share trading halt over crisis

The Colombo Stock Exchange on Saturday announced a five-day trading halt after crisis-hit Sri Lanka hiked interest rates and declared a default on its …

( read original story …)



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