Sri Lanka cenbank governor says to temporarily suspend foreign debt payments
MG News | April 12, 2022 at 11:10 AM GMT+05:00
April 12, 2022: Sri Lankan officials on Tuesday said that the crisis-hit country will temporarily suspend foreign debt payments to avoid a hard default, with its limited foreign reserves required for imports of essential items such as fuel.
"It has come to a point that making debt payments are challenging and impossible. The best action that can be taken is to restructure debt and avoid a hard default," Central Bank Governor P. Nandalal Weerasinghe told reporters.
Reuters
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 148,625.16 82.11M | 1.21% 1782.19 |
| ALLSHR | 88,929.26 197.15M | 1.09% 961.67 |
| KSE30 | 45,008.97 37.76M | 1.30% 577.55 |
| KMI30 | 215,751.34 32.15M | 1.41% 2997.32 |
| KMIALLSHR | 58,225.07 67.57M | 1.26% 727.05 |
| BKTi | 40,618.74 14.03M | 1.33% 533.08 |
| OGTi | 30,963.86 3.63M | 0.98% 300.08 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 67,745.00 | 68,755.00 66,580.00 | 1070.00 1.60% |
| BRENT CRUDE | 107.02 | 115.60 111.35 | -5.76 -5.11% |
| RICHARDS BAY COAL MONTHLY | 112.50 | 112.50 112.00 | 1.40 1.26% |
| ROTTERDAM COAL MONTHLY | 122.00 | 0.00 0.00 | 0.10 0.08% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.72 | 106.86 100.83 | -0.16 -0.16% |
| SUGAR #11 WORLD | 15.54 | 16.10 15.52 | -0.22 -1.40% |
Chart of the Day
Latest News
Top 5 things to watch in this week
SBP Interventions in Interbank FX Market
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()