SenFin Research – News Updates – 7 July 2026

CBSL purchases net $ 70.8 m in forex in June
The Central Bank of Sri Lanka (CBSL) had purchased $ 96.3 million from the local foreign exchange market, and sold $ 25.8 million in the month of June, bringing the total net amount of dollars purchased by the reserve bank within the month to $ 70.8 million. Source: (the morning) https://www.themorning.lk/articles/QWJ4VoSeL83oBvDOSJ83

Dollar selling rate drops below Rs 340
As a consequence of the steady decline in the value of the US Dollar since 24 June, exchange rate pressures on the Sri Lankan Rupee have been observably gradually easing. Source: (the morning) https://www.themorning.lk/articles/OHL6lj0YwFMajqIKYowe

Q1 2026: Condo prices up 18.5%, sales down 15.2%: CBSL
Though the price index for New Condominiums in the Colombo District reached 284.4 in the first quarter of 2026, posting a 18.5% year-on-year increase, the Condominium Property Sales Volume index recorded a 15.2% year-on-year contraction in growth, the Central Bank of Sri Lanka’s Real Estate Market Analysis for Q1 of 2026 shows. Source: (the morning) https://www.themorning.lk/articles/xwLwlN30rg84RCFTOHYg

EDB says proposed 12.5% US tariff not new, hopeful of avoiding levy through trade pact
Export Development Board (EDB) Chairman Mangala Wijesinghe yesterday clarified that the proposed 12.5% tariff announced by the Office of the US Trade Representative (USTR) is not a new tariff, but relates to the same reciprocal tariff process that has been under negotiation with the US. Source: (Daily FT) https://www.ft.lk/business/EDB-says-proposed-12-5-US-tariff-not-new-hopeful-of-avoiding-levy-through-trade-pact/34-794304

Mixed signals on the economy
Confidence in the economy improved marginally in June as the corporate community adopted a cautiously optimistic outlook – despite persistent concerns over rising costs, geopolitical tensions and broader economic uncertainties. Source: (the morning) https://www.themorning.lk/articles/8YvjwZmZ4GUlQ8tGnhY7

Easing Eurozone inflation could support Sri Lanka’s external position
Sri Lanka could benefit from easing inflation across the Eurozone through lower fuel import costs, softer imported inflation, and reduced pressure on the rupee, Frontier Research said yesterday, as cooling energy prices strengthen expectations that the European Central Bank (ECB) will leave interest rates unchanged later this month. Source: (Daily FT) https://www.ft.lk/front-page/Easing-Eurozone-inflation-could-support-Sri-Lanka-s-external-position-Frontier-Research/44-794295

June national sales average for tea dips
The National Sales Average (NSA) of tea declined in June, but increased marginally during the first half of 2026, according to Forbes & Walker Research. Source: (Daily FT) https://www.ft.lk/front-page/June-national-sales-average-for-tea-dips/44-794291

Sri Lanka stocks close down on modest turnover
Sri Lanka’s Colombo Stock Exchange closed down on Monday, CSE data showed. Source: (economynext) https://economynext.com/sri-lanka-stocks-close-down-on-modest-turnover-277418/

Bond market starts of slow; yields hold broadly steady
The secondary Bond market yesterday started off a fresh trading week on a slow note. Activity was dull while transaction volumes were seen dipping considerably as the market was at a virtual standstill. The limited trades were seen at prevailing levels as yields continued to consolidate. Source: (Daily FT) https://www.ft.lk/business/Bond-market-starts-of-slow-yields-hold-broadly-steady/34-794322

Sri Lanka rupee closes at 334.90/335.00 to US dollar spot, bond yields flat
Sri Lanka’s rupee closed at 334.90/335.00 to the US dollar in the spot market on Monday, from 335.20/35 the previous day, while bond yields closed broadly steady, dealers said. Source: (economynext) https://economynext.com/sri-lanka-rupee-closes-at-334-90-335-00-to-us-dollar-spot-bond-yields-flat-277474/

LB Finance tops K Seeds Investments’ finance sector ranking for Q4 FY25/26
K Seeds Investments identified LB Finance PLC as the best performing Finance Company under the 1st category among the 29 listed Finance Companies in Sri Lanka through a ranking carried out based on their financial performance for the fourth quarter of 2025/26. Source: (Daily FT) https://www.ft.lk/financial-services/LB-Finance-tops-K-Seeds-Investments-finance-sector-ranking-for-Q4-FY25-26/42-794323