Notable
Ground clearing begun around 3 tanks
The price revision will be done inline with the newly introduced pricing formula based on global prices
CPC and CPSTL have not been operating on Sundays and public holidays in the last 4 months
Lanka Industrial Kerosene will be cut by 60 rupees a litre to 270 rupees.
Sri Lanka to sign agreement with Sinopec to build refinery in Hambantota
The 20 years will start from January 2024
On July 27, 158,208 users have pumped fuel through the system
Prospective firms will have to find their own dollars
Sri Lanka's fuel bill for 2022 is estimated at 6.7 billion US dollar up from 2.7 billion US dollars
Sri Lanka is struggling to find dollars to import fuel
People have mostly accused of three wheel drivers of hoarding fuel
Fuel hoarding has resulted in long queues in Sri Lanka amid shortage due to lack of dollars
The minister has yet to reveal how much fuel each vehicle will be allowed to pump.
Fuel to be issued using the new pass system from July 21
Fuel Pass comes after data showed that there is an increasing trend of hoarding
A diesel and petrol shipment to arrive between July 15-19
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
Power cuts of 1 hour 40 min in the daytime and 1 hour 20 mins in the night
One trillion rupee hole in the CPC balance sheet
"It started off well but we received many complaints on all the fronts."
Fuel will be issued on a daily or weekly basis from the 12th
a 40,000 metric tonne diesel shipment worth $66.5mln from a UAE-based was due between 8-9 July
From July 12, companies that have the ability to pay for fuel in dollar can open consumer ACC at CPC
Petrol Octane 92 dropped to 1,414 metric tonnes
Gupta said the ships will be arriving either from Singapore or Fujairah, UAE.
Money for medicines allocated
Selected firms will have to import fuel on credit and runs a currency risk
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