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Trump Administration Imposes Shock 44% Tariff on Sri Lankan Imports; LKR Plummets Against USD
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Trump Administration Imposes Shock 44% Tariff on Sri Lankan Imports; LKR Plummets Against USD

WASHINGTON D.C. / COLOMBO – The Trump administration today delivered a significant blow to US-Sri Lanka trade relations, announcing the immediate imposition of a hefty 44% tariff on […]

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News about Sri Lankan Rupee

  • Vehicle prices rise due to new tax increases
    The Ministry of Finance has taken steps to impose a 50 percent surcharge on customs import duties levied on vehicles…
    May 16, 2026
  • Sri Lanka imposes 50% surcharge on car imports to protect currency from further slide
    President Anura Kumara Dissanayake announced a 50% surcharge on customs duties for specified imported goods, effective May 16 for three…
    May 16, 2026
  • Officially introduces PayPal to Sri Lanka
    Marking a historic turning point in Sri Lanka's digital economy sector, the official announcement regarding the expansion of PayPal services…
    May 15, 2026
  • Husband of doomed dive group leader says 'something must have happened down there' as mystery surrounds why the five attempted to explore 'cave so deep even divers with best equipment don't try'
    The group, from Italy , had set off on a diving expedition on Thursday morning to explore the Vaavu atoll…
    May 15, 2026
  • Twist of fate that saved SIXTH diver in Maldives cave tragedy as devastated young woman flies home while rescue teams hunt for bodies 200ft below surface
    The survivor, a student at the University of Genoa, is currently returning to Italy.
    May 15, 2026
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