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Wednesday December 8th, 2021
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Sri Lanka has been trying to woo investments and secure oil credit from many Middle Eastern countries.
9 min read
Out of that the foreign investment component was 1.6 billion US dollars
9 min read
Agreement that an outright default is damaging
9 min read
Sri Lanka needs a credible plan to get out
9 min read
There are a few checks and balances in this plan
The committee urged the public to refrain from testing for gas leaks using unsafe methods.
The dollar shortage is obviously having an effect on the businesses
3 min read
That money printing causes inflation is no longer 'fashionable'.
5 min read
Debt being re-structured through mutliple means
2 min read
The central bank's role as the agency for public debt should not be subordinated to its core objectives
1 min read
External weakness, deficits weigh
2 min read
The central bank owes the IMF on past loans and also a negative SDR allocation
2 min read
We do not want to get into an auction sale with Hawala people
3 min read
Last mile Hawala deliveries to be tracked if made through the banking system
2 min read
Modalities to realize these objectives would be finalized early, within a mutually agreed timeline
2 min read
Reverse repo operations continue to climb
2 min read
| Latest | Last | |
|---|---|---|
| US Dollar | 201.5945 | 200.0100 |
| UK Pound | 267.1631 | 265.4633 |
| Euro | 227.5296 | 225.7213 |
| Aus Dollar | 143.8175 | 140.8970 |
| Yen | 1.7758 | 1.7618 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 2.6742 | 2.6528 |
| Korea Won | 0.1715 | 0.1693 |
| Oman Rial | 523.6153 | 519.4997 |
| Saudi Riyal | 53.7385 | 53.3161 |
| UAE Dirham | 54.8840 | 54.4526 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,964.42 | 0.44% |
| CSE All Share | 11,088.17 | 0.49% |
| Turnover Rs million. | 2,191,558,044.10 | 6,019,817,831 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.33 | 7.56 |
| 6-m bill | 7.77 | 7.91 |
| 12-m bill | 8.15 | 8.25 |
| 5-yr bond | 10.61 | 10.56 |
| 8-yr bond | 11.27 | 11.21 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 5.93 | 5.99 |
| Gilt Repo | 5.14 | 5.14 |
| I-m SLIBOR | - | - |
These responses are being reviewed to determine the most suited modality
2 min read
I don’t mind losing 2-3 rupees by sending my salary in dirham to support the country. But the gap is 10-11 rupees.
8 min read
There is already in a diplomatic spat over a rejected Chinese fertilizer shipment
2 min read
During these lockdowns, many people complained that they do not have a away to live
4 min read
Rs 10 rupee extra given by CB in December in official multiple exchange rate
1 min read
Resignations came shortly after a recent COPE hearing
3 min read
Sri Lanka has sought a credit line and a swap from India
1 min read
Only 2 rupees extra were paid earlier
1 min read
Under new import control laws issued on Nov 30
1 min read
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3 min read