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SL Rupee further appreciates

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The Sri Lankan Rupee has further appreciated against the US dollar (USD) today (March 02), with the buying rate reaching Rs. 343.97 and the selling rate declared as Rs. 356.73. 

The Sri Lankan Rupee yesterday (01 March) marked a record high against the USD, with the buying and selling rates dropping to Rs. 351.72 and Rs. 362.95, respectively. 

The Central Bank of Sri Lanka (CBSL) had reported that this was the lowest rupee value against the USD since 04 May 2022.
The Sri Lankan Rupee also appreciated against the Euro, the Pound Sterling, the Australian Dollar, the Indian Rupee, the Canadian Dollar and the Japanese Yen.

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Colombo International Book Fair 2023 kicks off

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Sri Lanka’s largest book exhibition, ‘Colombo International Book Fair’, commenced today (22) at the Bandaranaike Memorial International Conference Hall (BMICH). 

The book fair organised by the Sri Lanka Book Publishers’ Association will be held until October 1 from 9.00 am – 9.00 pm.

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Import tax on powdered milk increased

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Port and Airport Levy (PAL) on imported milk powder has been increased by 10%, says Trade Minister Nalin Fernando.

The tax increase comes into effect today (Sept. 22).

However, the prices of powdered milk in the local market will not be increased following the PAL hike, the Minister has assured.

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Price of chicken reduced from midnight today

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Local poultry producers have agreed to reduce the price of chicken by Rs. 100 per kilogram, with effect from midnight today (Sep. 21).

The agreement was reached following a discussion with the Minister of Trade, Commerce and Food Security, Nalin Fernando, this afternoon.

Accordingly, a kilogram of chicken will now be sold at Rs. 1,150.

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