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Sri Lanka’s US dollar hits Rs. 300 mark for first time since 2023

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The indicative rate of the US Dollar has reached the Rs. 300 level today for the first time since June 13, 2023, the Central Bank of Sri Lanka (CBSL) announced.

According to the official exchange rates announced today by the CBSL, the buying rate of the USD is Rs. 295.57 and the selling rate is Rs. 305.10.

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Imported milk powder prices slashed

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The price of imported milk powder will be reduced with effect from tomorrow (April 25), the Milk Powder Importers’ Association states.

Accordingly, the price of a 01 kg pack will drop by Rs. 250 – Rs. 300 while the price of 400g pack will be slashed by Rs. 100ත් – Rs. 130.

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CBSL names 8 more companies conducting prohibited schemes

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The Central Bank of Sri Lanka has named 08 more entities that conduct and/or have conducted prohibited schemes.

“Participating in Pyramid Schemes is a Punishable Offence” Central Bank said in a notice to general public.

The named entities are :
1. Beecoin App/Sunbird Foundation
2. Fast Win (Pvt) Ltd
3. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
4. Genesis Business School/ Era Miracle (Pvt) Ltd
5. Isimaga International (Pvt) Ltd 
6. Ledger Block 
7. Qnet/Questnet 
8. Ride to Three Freedom (Pvt) Ltd

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6 RfQs received to acquire SriLankan shares

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Sri Lanka’s State-Owned Enterprise Restructuring Unit (SOERU) announces that 06 Request For Qualifications (RfQ) were received for the acquisition of shares of SriLankan Airlines.
These RfQs were received from :

  1. 1. AirAsia Consulting Sdn. Bhd.
  2. 2. Dharshaan Elite Investment Holding (Pvt) Ltd
  3. 3. FITS Aviation (Private) Limited
  4. 4. Sherisha Technologies Private Limited
  5. 5. Treasure Republic Guardians Limited
  6. 6. Hayleys PLC

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