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Impacts of volatility in currency seen at Colombo Tea Auction - Business

Impacts of volatility in currency seen at Colombo Tea Auction - Business
dailymirror.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymirror.lk Daily Mail and Mail on Sunday newspapers.

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Rupee appreciation and higher volumes drags down tea prices

Sri Lanka’s Ceylon tea prices declined at an auction on May 17 by 150-200 rupees per kilogram, following a significant increase in offerings and further strengthening of the rupee against the US dollar.

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Sri Lanka s Ceylon Tea gain amid low volumes

Sri Lanka’s High and Low Grown teas gained at the auction held on January 11 while some Mid Growns fell with lower volumes coming up for auction, brokers said.

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Sri Lanka high mid grown teas ease, low growns gain

Sri Lanka’s High and Mid Grown teas fell at the last auction of 2022 while Low Growns gained with 4.7 million kilograms sold, brokers said.

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Sri Lanka s third external creditors meeting not scheduled yet – State finmin

Sri Lanka s third external creditors meeting not scheduled yet – State finmin
economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.

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