Tag: Sri Lanka Crisis

Sri Lanka to restrict fuel imports for next 12 months amid forex crunch

Sri Lanka to restrict fuel imports for next 12 months amid forex crunch

Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on Monday, as t [...]
Forex crisis: Sri Lanka lowers limit of foreign currency people can hold to $10,000 from $15,000

Forex crisis: Sri Lanka lowers limit of foreign currency people can hold to $10,000 from $15,000

COLOMBO: Sri Lanka's central bank on Thursday decided to substantially lower the limit of foreign currency a person can hold to $10,000 from $15,000 a [...]
Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

New Delhi: With protests and strikes showing no signs of weakening, Sri Lankan President Gotabaya Rajapaksa declared a state of emergency in the Isla [...]
Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

Emergency in Sri Lanka, Nepal, Pak forex dips, South Asia in crisis | World News

New Delhi: With protests and strikes showing no signs of weakening, Sri Lankan President Gotabaya Rajapaksa declared a state of emergency in the Isla [...]
Sri Lanka foreign reserves dip below $50 million, minister waves red flag | World News

Sri Lanka foreign reserves dip below $50 million, minister waves red flag | World News

Sri Lanka finance minister Ali Sabry on Wednesday waved a metaphorical red flag in parliament as the troubled island country's foreign exchange reser [...]
Economic crises all around: What’s going on in India’s neighbourhood

Economic crises all around: What’s going on in India’s neighbourhood

All's not well in India's neighbourhood. Pakistan has recently got yet another prime minister. Sri Lanka is on the verge of defaulting on its foreign [...]
After Sri Lanka, Nepal facing economic crisis: 16.2% fall in forex reserves

After Sri Lanka, Nepal facing economic crisis: 16.2% fall in forex reserves

After Sri Lanka, Nepal is staring at an economic crisis. Alarm bells are particularly ringing over a 16.2 percent fall in Nepal’s [...]
Economic crises all around: What’s going on in India’s neighbourhood

Economic crises all around: What’s going on in India’s neighbourhood

All's not well in India's neighbourhood. Pakistan has recently got yet another prime minister. Sri Lanka is on the verge of defaulting on its foreign [...]
Breaking News LIVE | Indian Economy Comforted By Large Forex Reserves, RBI Resolute To Defend: Governor

Breaking News LIVE | Indian Economy Comforted By Large Forex Reserves, RBI Resolute To Defend: Governor

Breaking News LIVE: Hello and welcome to the ABP News LIVE Blog. Follow this space to get the latest developments and Breaking News from India [...]
Protests Spiral as Sri Lanka Crisis Deepens, Health Emergency Declared Amid Vanishing Forex Reserves

Protests Spiral as Sri Lanka Crisis Deepens, Health Emergency Declared Amid Vanishing Forex Reserves

New Delhi: Battling an unprecedented economic crisis, Sri Lanka on Tuesday shut down its embassies in Norway, Iraq, and Consulate Gene [...]
Street Lights Off, Forex Reserves Exhausted; What Led To Chaos?

Street Lights Off, Forex Reserves Exhausted; What Led To Chaos?

The economic crisis in Sri Lanka is deepening and the government there is taking strict measures, including imposing emergency, to deal with the prote [...]
Why Sri Lanka Is Battling Worst Economic Crisis Since Its Independence In 1948

Why Sri Lanka Is Battling Worst Economic Crisis Since Its Independence In 1948

The looming economic crisis in Sri Lanka has worsened the routine functioning of the country. Several reports are indicating spiked inflation, long qu [...]
Sri Lanka News: Sri Lanka’s forex crisis leads to a tourism crisis

Sri Lanka News: Sri Lanka’s forex crisis leads to a tourism crisis

With Sri Lanka going through an ongoing foreign exchange criss, governments of the United Kingdom, and Canada have warned their travellers about the [...]
Sri Lanka Crisis: India grants financial assistance of over USD 900 million to Sri Lanka to overcome forex crisis

Sri Lanka Crisis: India grants financial assistance of over USD 900 million to Sri Lanka to overcome forex crisis

India has announced a USD 900 million loan to Sri Lanka to build up its depleted foreign reserves and for food imports, amidst a shortage of almost al [...]
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