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English: USD / Sri Lankan Rupee exchange rate. Date: 23 June 2023: Source: Own work https: ... Economy of Sri Lanka; Sri Lankan economic crisis (2019–present)
The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala : සත , Tamil : சதம் ), but cents are rarely seen in circulation due to their low value.
In April 2013 Dialog Axiata launched its mobile 4G LTE services using 10 Mhz of spectrum in 1800 Mhz band becoming the first operator to launch commercial FD-LTE network in South Asia, [9] initially delivering peak data rates of 100 Mbit/s. Dialog Axiata was also the first to introduce the 5G network in Sri Lanka.
The real exchange rate (RER) is the purchasing power of a currency relative to another at current exchange rates and prices. It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the ...
Originally a collaboration between Sri Lanka Telecom and Telstra, Mobitel has been wholly owned by SLT since November 2002. [ 8 ] In January 2004, the company launched its fully-fledged 2.5G GSM network that is EDGE/GPRS enabled and designed to operate on the dual-band.
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[citation needed] SAFE consists of 17 exchanges from India, Pakistan, Bangladesh, Sri Lanka, Nepal, and Bhutan. Its primary objectives are to encourage cooperation among its members to promote the development of their individual securities markets, to develop an integrated regional stock trading system, and to offer to list and trade securities ...
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...