Despite widespread criticism, the recent depreciation of LKR
should be viewed as a necessity from the analyst perspective.
Through the Emergency Disaster Assistance Fund (EDAF) of Global Affairs Canada, the Canadian Red Cross Society has allocated a CAD 85,000 contribution (approximately 9.6 million LKR
) to the relief operations.
In total, the United States has dedicated over $43 million (over 6 billion LKR
) for demining assistance in Sri Lanka since 1993.
Embassy through AFCP has funded eleven conservation projects in Sri Lanka, representing a total commitment of over $730,000 (over 100 million LKR
Turnover for the week saw a substantial increase in value from last week (LKR
6498.01mn) representing a W-o-W gain of over 100%.
The turnover levels for the week tumbled by 37% and the average daily turnover ebbed to LKR
1.71Bn as against LKR
2.71Bn noted in the previous week.
The turnover in value this week contracted by over 42% as the market averaged at LKR
1.73Bn turnover daily as against last week's daily average turnover of LKR
3.03Bn with the main trades being brought in by Banking and Finance sector.
The weekly turnover dipped in value to LKR
9.82Bn, from that of the previous week of LKR
14.35Bn, a contraction of 31.59%.
Colombo, April 1 -- It is reported that tickets for the cricket World Cup final on Saturday topped LKR
. 250,000 (INR 125,000) in the black market, news sources told the Asian Tribune.
Jayasundera - Secretary to the Treasury and Mr Akira Shimura - the Chief Representative of the Japan International Cooperation Agency (JICA) signed a Yen 360 million (approximately LKR
468 million) grant agreement to improve productivity of rural farmers, at the Ministry of Finance and Planning on 31 March 2011.
The weekly turnover saw a substantial increase in value at LKR
14.35Bn, from that of the previous week of LKR
7.13Bn, a growth of 101.34%.Turnover in volume grew by 15.33% as 323.9mn shares were transacted as against last week's 280.8mn.
The weekly accumulated turnover was down by nearly 30% over the previous week .Turnover witnessed for the week was at LKR
7.13 bn as against LKR
10.05 bn pushed the daily average from LKR
2 bn to LKR