Rupee on top now, record US$ 2,300 bn FDIs in 2018 - FM | Daily News


Rupee on top now, record US$ 2,300 bn FDIs in 2018 - FM

The Sri Lankan Rupee is now among the top three best performing currencies in the world, Finance Minister Mangala Samaraweera said.

Making the Budget 2019 winding-up speech, the Minister said the Rupee has appreciated by 4.5 percent since January this year, and inflation was now at a low rate of 2.4 percent.

The Minister told the House that Rs. 57 billion flowed out of the country during the 52-day political coup and said the Government was able to re-coup Rs.10 billion as foreign investments in government securities from January this year.

He added the country received the highest ever Foreign Direct Investment (FDI) to a tune of US$ 2,300 billion last year.

The minister said the Government hopes to present a new Finance Act in the future to create financial stability in the long run.



Visit Sri Lanka's Largest online shop. Over 125,000 unique categories such as Fresh Flowers, Cakes, Food, Jewllery, Childrens Toys and other Sri Lankan e-commerce categories. Low delivery cost to most cities here and free delivery in Colombo.

Add new comment