Oil prices rise

Sunday, 03 February 2013 - 13:49


Oil prices finished higher in New York, buoyed by greater optimism about global growth following encouraging indicators from the US and China. A barrel of West Texas Intermediate, the US benchmark, settled 28 cents higher at 97.77 Dollars on the New York Mercantile Exchange. Even stronger was the price of European oil benchmark Brent futures, which closed at 116.76 a barrel on the Intercontinental Exchange, up 1.21 Dollars. The close was Brent's highest level since May 2012.

Foreign reserves increase to US $ 6.7 billion
Friday, 10 July 2020 - 9:06

The Central Bank states that the country's foreign reserves have recovered in June.Foreign reserves rose to $ 6.7 billion in June from $ 6.49 billion in... Read More

Central Bank clarifies about concessions
Friday, 10 July 2020 - 7:25

The Central Bank of Sri Lanka states that the interest rate reduction has not been given to the borrowers by commercial banks.This was stated by the... Read More

Homestay owners in difficulties due to decision
Wednesday, 08 July 2020 - 13:47

The decision to allow foreign tourists only at hotels approved by Sri Lanka Tourism is unfair, say homestay owners at Mirissa in Weligama.They say that... Read More