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Tuesday September 21st, 2021
Monetary

IMF has a role in Sri Lanka after framework decided: Jayasundera

So if the plan is convincing, each one has a role to play in that plan

6 min read

Sri Lanka central bank Treasuries stock tops Rs1.3 trillion amid reserve losses

Rising domestic assets point to a corresponding fall in foreign assets

6 min read

Sri Lanka shortage creating agency may allow milk powder supplies to resume

New price subject to dollars given at 203 to the US dollar

6 min read

Sri Lanka's foreign exchange reserves are still low despite IMF SDR: Moody's

However, such inflows are piecemeal and boost FX reserves only temporarily

6 min read

Sri Lanka's re-appointed CB chief will tackle external challenges: P B Jayasundera

It also needs much more experienced person to manage the prevailing challenges

Sri Lanka CB to guide markets, use tools mindful of repercussions: Governor Cabraal

I think we would from now onwards take the lead in providing guidance to markets

Sri Lanka new CB Governor says will push for stability, consult business

A policy package in the form of a short-term Road Map soon

2 min read

Sri Lanka spends US$225.5mn to defend non-credible peg in July

Another US$49.5mn was bought amid a surrender requirement

4 min read

Sri Lanka BOP deficit soars to US$2.7bn to July 2021 as bond auctions fail

Weakened credibility of the peg fires several speculative frenzies

6 min read

Nivard Cabraal says will focus on "stability first" as Sri Lanka CB Governor

I will be concentrating on stability first and growth

1 min read

Sri Lanka prints Rs29bn as price controls undermine bill auction

The liquidity injected however has been sucked up by a statutory reserve ratio hike

1 min read

Sri Lanka CB chief Lakshman yearns for stable rupee amid money printing

I am personally not in favour of continuous depreciation of the currency based on our own past experience

12 min read

Sri Lanka opposition objects to the planned appointment of new CB governor

Ex-state minister Wikramaratne says there are conflicts of interest

1 min read

Sri Lanka exchanges IMF special drawing rights for US dollars

The central bank had 132 million SDRs by the end of August

1 min read

Sri Lanka forex reserves rise to US$3,550mn after IMF SDR flow

Reserves climb US$744.8mn

2 min read

Academic turned Sri Lanka central bank chief Lakshman resigns

He promised an alternative policy framework

5 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.9330 200.0000
UK Pound 273.2584 275.8000
Euro 234.6214 235.2700
Aus Dollar 145.2613 145.7600
Yen 1.8253 1.8202
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7157 2.7197
Korea Won 0.1687 0.1699
Oman Rial 519.3200 519.4940
Saudi Riyal 53.3140 53.3177
UAE Dirham 54.4309 54.4492
Source: Central Bank/Indicative
pts %
S&P SL20 3,291.87 0.67%
CSE All Share 8,801.95 -0.52%
Turnover Rs million. 2,191,558,044.10 3,801,149
Source: CSE
Latest Last
3-m bill 5.91 5.85
6-m bill 5.95 5.90
12-m bill 6.02 5.97
5-yr bond 8.90 8.69
8-yr bond 9.26 9.18
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka central bank governor W D Lakshman to step down on Sept 14

He was appointed on December 2019

2 min read

Nivard Cabraal "very likely" to be appointed Sri Lanka central bank Governor

Has to resign political offices

2 min read

Sri Lanka rupee revaluation to 203 dries up dollar flows, exporters brace for new controls

Authorities seek information on exporter deposits

5 min read

Sri Lanka banks quote Rs197/203 to the US dollar

For small value transactions

2 min read

Speculation rises over Sri Lanka central bank governor post

Reports indicated the possibility of Minister Cabraal returning to his old post

1 min read

Sri Lanka should stop printing money, get IMF help; price controls a useless drama: legislator

Your monetary policy has to change, price controls will create blackmarkets

7 min read

Sri Lanka could run out of ink due to money printing: legislator

There is one thing the government has done well, that is to print money

2 min read

Sri Lanka prints Rs40bn after failed Treasury bill auction

Overnight injections fall with more term printed money coming in

3 min read

Sri Lanka central bank on track to make forex losses as net foreign assets fizzle out

Reserve cover for note issue declines to below 1-pct

4 min read

Sri Lanka rupee crosses 230 to dollar, Rs127bn printed overnight to sterilize SRR hike

Overnight short reaches Rs205bn

5 min read

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