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Topic: Sri Lankan rupee


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  Sri Lankan rupee
Sri Lankan rupee was pegged to the US dollar since it was launched but recently in the year 2003, the currency was floated in the world market, reason being the poor perfomance of the economy off lately.
Sri Lankan rupee is one of the only three rupee currencies that use “cent” as its subunit, though “cent” is a popular subunit of dollar currencies.
Rupee as the national currency unit of Ceylon was introduced 1870 at par with the Indian rupee and replaced the British currency unit @ 1 Sri Lankan rupee = 2 shillings and 3 pence.
www.crnindia.com /currency/sri_rupee.html   (1641 words)

  
 LANKA SPORTREIZEN - Your Specialized Travel Partner in Sri Lanka
The Sri Lankan climate is tropical, characterized by monsoons: the northeast monsoon lasting from December to March, and the southwest monsoon from June to October.
The northern and eastern portions of the island are considerably drier, lying in the rain shadow of the central highlands.
Sri Lanka is historically famous for its cinnamon and tea (introduced by the British in the 19th century).
www.lsr-srilanka.com /abt_srilanka.htm   (2200 words)

  
 Sri Lanka - Facts, Information, and Encyclopedia Reference article
The Sri Lankan climate is tropical, characterized by monsoons: the northeast monsoon lasting from December to March, and the southwest monsoon from June to October.
Sri Lanka is a centre of bird endemism.
Sri Lanka is historically famous for its cinnamon and tea (introduced by the British in the 19th century).
www.startsurfing.com /encyclopedia/s/r/i/Sri_Lanka_9993.html   (2567 words)

  
 onlinefx destination guide to thailand
"Sri Lanka" (originally Sanskrit) is translated as "venerable Lanka", "sri" meaning "venerable" and "la?ka" being the ancient name of the island as attested in the Mahabharata and the Ramayana.
The island of Sri Lanka lies in the Indian Ocean, southwest of the Bay of Bengal.
Sri Lankan Tamils constitute 18%, and though scattered evenly throughout the country, form a large proportion in the north, east and central provinces.
www.onlinefx.co.uk /fx/Stores/OnlineFX/destinationguide/thailand.asp   (602 words)

  
 Spartanburg SC | GoUpstate.com | Spartanburg Herald-Journal
It was equal to the Indian rupee and replaced the British currency at a rate of 1 rupee = 2 shillings 3 pence.
On 14 December 2005, the Sri Lanka central bank issued a new series of coins in the denominations of 25 and 50 cents, 1, 2 and 5 rupees.
These were followed by 10 rupees in 1894, 1000 rupees in 1899, 50 rupees in 1914, 1 and 2 rupees in 1917 and 100 and 500 rupees in 1926.
www.goupstate.com /apps/pbcs.dll/section?category=NEWS&template=wiki&text=Sri_Lankan_rupee   (1003 words)

  
 Online edition of Daily News - Business   (Site not responding. Last check: 2007-10-26)
The Sri Lankan Rupee is now stabilised and this is a sign that the economy is strong said the visiting lecturer of the International College of Business Technology (ICBT) in Mount Lavinia, Jyoti Guptha.
He said that Sri Lanka is a small country with 16 million people and cannot live without the assistance of the outside world unlike China or India where the resources within the country are sufficient to run their country.
The visiting lecturer said that the Sri Lankan public is now aware of this factor and the public interest for business related education has increased by over 90% in the last four years.
www.dailynews.lk /2003/07/18/bus06.html   (778 words)

  
 Bloomberg.com: Asia
The first increase in Sri Lankan rates in a year came hours before Federal Reserve policy makers raised the U.S. benchmark rate for a fourth time this year to 2 percent and signaled more increases to come.
The Sri Lankan rupee, the sixth-worst performer against the dollar among 61 currencies tracked by Bloomberg, rose 0.24 percent to 104.3 per dollar as of 3 p.m.
Sri Lanka's central bank has cut its 2004 growth forecast twice since December to between 5 percent and 5.5 percent, from 6 percent.
www.bloomberg.com /apps/news?pid=10000080&sid=aAQpMW93fJzY&refer=asia   (586 words)

  
 Sri Lanka   (Site not responding. Last check: 2007-10-26)
Sri Lanka leads the South Asian region in terms of human development indicators, with its high literacy rate of 90% placing it way ahead of other South Asian nations and on par with those of South East Asia.
Eventhough Sri Lanka’s HDI is lower than other countries, it is still an educated nation nonetheless, it boasts a higher lfe expectancy, showing that the country has potential to grow even more.
Sri Lanka is a country full of resources and with free education; the literacy rate is higher than other countries such as India, Pakistan and Bangladesh.
andromeda.rutgers.edu /~dspencer/IntroEcon/Sec04Sp04/GroupKSriLanka.htm   (1891 words)

  
 Sri Lanka - Worldworx Travel guide information, photography and email
Sri Lanka is an Island at the foot of India, resembling the shape of a teardrop.
Sri Lankans or Sinhalese are a friendly people, especially curious of westerners and so keen and proud to reveal their culture.
Sri Lanka was once annexed by the Portuguese, Dutch and the British and many aspects of colonial charm still embrace age old towns.
www.worldworx.tv /srilanka/index.htm   (418 words)

  
 Sri Lanka - Gurupedia
The entire island was ceded to the British in 1796 and became a crown colony in 1802.
The Sri Lankan climate is tropical and characterised by
Around 75% of the Sri Lankan population belongs to the Sinhalese majority, which is predominantly Buddhist and in particular of the
www.gurupedia.com /s/sr/sri_lanka.htm   (1069 words)

  
 Sri Lanka
Sri Lanka, officially Democratic Socialist Republic of Sri Lanka, formerly Ceylon, island republic in the Indian Ocean off the south-eastern coast of India, a member of the Commonwealth of Nations.
Sri Lanka is separated from India by the Palk Strait and Gulf of Mannar.
Sri Lanka is somewhat pear-shaped, with its apex in the north.The greatest length from north to south is about 440 km (273 mi); the greatest width is about 220 km (137 mi).
www.csuchico.edu /~cj64/srilanka.html   (159 words)

  
 Sri Lanka - Country information - Australian Department of ForeignAffairsand Trade
Sri Lankan armed forces have mounted aerial and ground attacks on LTTE positions in the east and north, and have captured Vakarai in the east.
Sri Lanka is characterised by levels of literacy (93 per cent), life expectancy (74 years) and infant mortality that are comparable to those of developed countries, but its success in generating economic growth has not been commensurate with its social progress.
Sri Lanka is one of a number of countries that have expressed an interest in membership of the Asia Pacific Economic Cooperation (APEC) grouping, although a 10-year moratorium on new APEC membership is in place until 2007.
www.dfat.gov.au /geo/sri_lanka/sri_lanka_country_brief.html   (2326 words)

  
 Economy of Sri Lanka Summary
Sri Lanka is a relatively poor country, although a per capita income of $3,250 (2000 est.) makes it a lower-middle-income nation.
Sri Lanka is a famous example of a poor country with a remarkable performance in improving quality of life.
Sri Lanka began to shift away from a socialist orientation in 1977.
www.bookrags.com /Economy_of_Sri_Lanka   (2456 words)

  
 RATE-EXCHANGE.org - Sri Lanka Currency / Sri Lanka Rupee
The rupee is the national currency of the Democratic Socialist Republic of Sri Lanka, an island nation located off the southeastern coast of India with a population of approximately 20 million.
The Sri Lankan rupee is closely related to the Indian rupee, but became a fully independent currency when the former British colony known as Ceylon changed its name to Sri Lanka in 1972.
The exchange rate of the Sri Lankan rupee was managed under a “crawling peg” regime for many years.
rate-exchange.org /currency/sri-lanka-rupee.cfm   (380 words)

  
 Sri Lanka asian culture and country information and links to food information, ingredients and oriental history from ...
Geologically, the island of Sri Lanka is considered a southerly extension of peninsular India (the Deccan), with which it shares a continental shelf and some of its basic lithologic and geomorphic characteristics.
In 1796 Sri Lanka (as Ceylon) was acquired from the Dutch by the British.
The foremost concentration of the Sri Lankan Tamils lies in the Jaffna Peninsula and in the adjacent districts of the northern lowlands.
asiarecipe.com /sriinfo.html   (4541 words)

  
 Country Economic Review - II. Short- and Medium-Term Economic Prospects and Policy Issues - ADB.org
Sri Lanka is not only a small open economy; it also has a rigid trade structure where the promotion of exports requires a simultaneous increase in imported intermediate goods.
The Sri Lankan rupee depreciated against the dollar by 9.8 percent during 2000.
However, Sri Lanka's relatively rigid labor market, compared with those of other advanced or developing countries in Asia—in particular, crisis-affected countries have achieved remarkable progress in labor market flexibility—has impeded channeling domestic capital and foreign capital into domestic investment.
www.adb.org /Documents/CERs/SRI/2001/cer_sri202.asp   (720 words)

  
 Review of the Economy 2006
Though the Sri Lankan Stock market cannot be used as a yard stick to evaluate the economy, it is indicative of the investor confidence placed by both foreign and domestic investors.
The Sri Lankan Rupee appreciated significantly against the dollar immediately after the Tsunami tragedy in anticipation of inflow of significant amount of Tsunami Aid.
However, the rupee is still at an appreciated level as compared to the pre-Tsunami exchange rate due to the inflow of Tsunami aid amounting to over Rs.
www.ey.com /global/content.nsf/Sri_Lanka/Review_of_the_Economy_2006   (1285 words)

  
 Currency Converter - Sri Lankan rupee (LKR)   (Site not responding. Last check: 2007-10-26)
It was equal to the Indian rupee and replaced the British currency at a rate of 1 rupee = 2 shillings 3 pence.
Unlike the Indian rupee, it was a decimal currency from the outset.
Sri Lankan banknotes are unusual in that they are printed vertically on the reverse.
multi-money.com /currencies/LKR   (208 words)

  
 Passport Express
Sri Lankan law requires all persons, including foreigners, who are guests in private households to register in person at the nearest local police station.
Registration Embassy and Consulate: Americans living in or visiting Sri Lanka are encouraged to register at the Consular Section of the U.S. Embassy in Colombo and obtain updated information on travel and security within Sri Lanka.
In October 2000, two American and one British women and their Sri Lankan driver were seriously injured in their vehicle in Central Colombo when an LTTE suicide bomber confronted by police exploded his device rather than surrender.
www.passportexpress.com /default.aspx?page=show_visa&action=Sri_Lanka   (2253 words)

  
 Property Frontiers | Sri Lanka
Sri Lanka has some stunning beaches, especially along the coastal stretch south of Colombo where there are palm-lined sandy expanses as far as the eye can see.
The culture of Sri Lanka is both vibrant and enduring, and, has survived export to many places across the world.
It splendidly illustrates the solidity of the Dutch presence in Sri Lanka with a large Dutch Fort, built in 1663.
www.propertyfrontiers.com /countries/srilanka.aspx   (323 words)

  
 LANKA BUSINESS ONLINE - LBO
Sri Lanka tea exporter calls for economic stability rather than inflation-depreciation cycle Sri Lanka's Suntel hopes for second revenue stream from managed services Sri Lanka's cash rates rocket to a new 7-year high amidst cash crunch Sri Lanka to ban mothers with pre-schoolers from working abroad
Indian fuel retailer Lanka IOC added 0.8 percent to 33.25 rupees on 1.7 million trades as investors were cashing in on the news that the company was expected to ink a deal next week to settle 5.16 billion rupees due from the Sri Lankan government for selling fuel below costs.
In the foreign exchange markets, the rupee softened against the U.S. dollar to close at 104.94 from Monday’s close of 104.88 as importers bought dollars to settle trade bills.
www.lankabusinessonline.com /fullstory.php?newsID=703919092&no_view=1&SEARCH_TERM=13   (388 words)

  
 Official Website of Sri Lanka tourist Board - FAQ`s
Sri Lankan and foreign banks provide an expanding range of services to investors.
Sri Lanka has a large variety of goods at BIA duty free shops.
Tourist who wish to visit or photograph the principal ancient monuments in Sri Lanka are required to obtain a ticket from the Central Cultural Fund.
www.srilankatourism.org /lang/en/traveller/faq.php   (743 words)

  
 The insider's guide to Sri Lanka - CNN.com
Many analysts and ordinary Sri Lankans fear the collapse of the talks could signal the escalation of the civil war.
Sri Lanka is still suffering the effects of the tsunami which struck much of South East Asia in December 2004.
Hoppers are a unique Sri Lanka snack, similar to a pancake, served with egg or honey and yogurt.
edition.cnn.com /2006/WORLD/asiapcf/11/01/insider.srilanka   (678 words)

  
 SAF - Sri Lanka Key Facts
Sri Lanka has a range of Buddhist, Hindu, Christian and Muslim festivals.
Second in importance is the Duruthu Perahera (January) held in Colombo, which celebrates a visit by the Buddha to Sri Lanka.
Outside of Colombo, Sri Lanka offers a host of attractions to the tourist including many splendid beaches and scenic sites and the historic cities of Anuradhapura, Polonnaruwa and Sigiriya.
www.southasiafoundation.org /saf/srilanka/lankakeyfacts.asp   (139 words)

  
 Sri Lanka travel guide - Wikitravel
Sri Lanka, [1] formerly known as Ceylon, is in Southern Asia.
Sri Lanka has an extensive railway system serving all major towns and cities in the island except for the North and the East.
Dishonest Sri Lankans (mostly male) are very adept at talking tourists out of their money, and generally prefer this method over violence.
wikitravel.org /en/Sri_Lanka   (2624 words)

  
 TamilNet: Sri Lankan tourism seen collapsing in '98
Sri Lanka's tourism industry which was hoping to recover from a very bad year in 1996, might hit an all time low in 1998, according to financial analysts in Colombo.
The Sri Lankan government was hoping that the winter season arrivals, mainly from western Europe, would start going up from this November.
This drop was compensated to a minor extent by a slight rise in the local guest nights in hotels due to several sections of the industry introducing attractive cheap packages tailored for upper middle class Sri Lankan purses.
www.tamilnet.com /art.html?catid=13&artid=146   (474 words)

  
 The Tsunami Disaster and Politics in Sri Lanka
Sri Lanka was the country most affected next to Indonesia, where the earthquake measuring 9.0 on the Richter scale, occurred.
At the time the tsunami struck Sri Lanka, CBK was holidaying in London, while her brother, a parliamentary minister, was holidaying in Los Angeles.
In Sri Lanka as well, the government is reminding the people of their civic duty at every turn.
www.marxist.com /Asia/srilanka_tsunami.htm   (2318 words)

  
 Luxury Holidays in Sri Lanka - Destinations - Amathus Holidays   (Site not responding. Last check: 2007-10-26)
Sri Lanka's coastlines are blessed with beautiful golden sandy beaches fringed with swaying palms.
All of which echo past civilisations and remind you that you are in a country with a rich and remarkable heritage.
The British colonised Sri Lanka (previously Ceylon) between 1815-1948 and traces of this can be found throughout the interior especially at Nuwara Eliya, also known as 'Little England' - with its highland areas of rhododendrons and colonial tea plantations.
www.amathusholidays.co.uk /sri_lanka/q.r.27685.q.html   (364 words)

  
 Country Profile of Sri Lanka - Travel the Road
Sri Lanka is known for having a strong ethnic intolerance, which has caused many conflicts.
Sri Lanka boasts beautiful beaches in the south, and forests rich in wildlife in the middle of the country.
Although there isn't a state religion, the Sri Lankan constitution gives Buddhism the "foremost place." However, all religions are given the right to practice freely.
www.traveltheroad.com /missions/countries/srilanka.php   (429 words)

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