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Friday January 28th, 2022
Monetary

Sri Lanka minister sees no point in demonizing IMF amid attempts to fix external crisis

I propose that we do not paint it as some big demon

4 min read

Sri Lanka central bank bears Rs8 extra payment for remittances

Out of 10 rupees, 8 rupees a quasi-fiscal cost

4 min read

Sri Lanka banks asked to share fuel, essential good forex payment on priority

Will limit reserve sales

4 min read

Sri Lanka hikes rates 50bp to curb BOP trouble, inflation

Tourist hotels asked to accept only dollars

4 min read

Sri Lanka BOP deficit surges to US$3.6bn in November 2021

The deficit is the highest recorded so far

Sri Lanka issues rules on dollarized payments to tourist hotels

Dollars have to be deposited or converted within three days

Sri Lanka gold sales to boost liquid assets: Central Bank

Gold reserves are 5.6 percent of total reserves

2 min read

China's 10bn yuan swap with Sri Lanka is “unique”, says envoy

It’s a strategic decision by the Chinese leader

Shihar Aneez

2 min read

Sri Lanka needs corrective economic package: Wijewardena

Unless the bitter pill is taken Sri Lanka has no future

3 min read

Sri Lanka CB allays fears of expat workers

Says dollars of foreign resident workers will not be converted

3 min read

Sri Lanka sells down monetary gold as forex reserves drop

Country has not bought gold since 2014

3 min read

Sri Lanka foreign reserves US$3,137mn in Dec, gold reserves down

Gold reserves down to US$175mn from US$382mn

1 min read

Sri Lanka, Qatar central bank governors meet

Says "excellent discussion on the way forward"

1 min read

Sri Lanka inflation soars as Modern Monetary Theory demon roars

Over the past two years the food sub-index has risen 33 - pct

3 min read

Sri Lanka inflation will get worse if money is printed for relief: Harsha

If money is printed to accommodate salary increases, inflation will go up along with wages

2 min read

Sri Lanka central bank goes US$1.6bn in to the red in Nov 2021

The Central Banks' reserve related liabilities started exceed assets from September

2 min read

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Latest Last
US Dollar 202.0000 201.5882
UK Pound 271.5789 272.2486
Euro 226.8561 227.9459
Aus Dollar 143.0261 144.4178
Yen 1.7640 1.7704
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6890 2.6962
Korea Won 0.1680 0.1684
Oman Rial 524.6685 523.5989
Saudi Riyal 53.8480 53.7411
UAE Dirham 54.9952 54.8831
Source: Central Bank/Indicative
pts %
S&P SL20 4,487.00 -1.06%
CSE All Share 13,065.75 -1.09%
Turnover Rs million. 2,191,558,044.10 5,340,613,558
Source: CSE
Latest Last
3-m bill 8.18 7.91
6-m bill 8.36 8.18
12-m bill 8.51 8.37
5-yr bond 11.26 10.93
8-yr bond 11.81 10.93
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.93 5.99
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka prints Rs113bn in November 2021 maintaining forex shortages

Private credit grew 60 billion in November, up from 35 billion in October

2 min read

Sri Lanka slaps price controls on forex swaps despite tight dollar liquidity

Ceiling implied dollar rate controlled at 10-pct

3 min read

Sri Lanka 2021 December inflation rises to 12.1-pct

Colombo inflation at a 13-year high

3 min read

Sri Lanka BOP problems cannot be solved by rationing, import quotas: Advocata

Monetary problems cannot be solved by import quotas and rationing

4 min read

Sri Lanka foreign reserves reach US$3.1bn by Dec 29: CB Governor

Says expected remain at that level

3 min read

Sri Lanka central bank T-bill stock reaches Rs1.9trn amid sterilized interventions

Overnight injections reach Rs 450 billion

3 min read

Sri Lanka bank dollar surrender rule hiked to 25-pct

The rule will be effective from December 27

1 min read

Sri Lanka cabinet divided on IMF, more discussions at next meeting Minister

There is no hardline against going to the IMF. Some are saying to go, others are saying not to go

2 min read

Sri Lanka exporters try to keep dollars out amid rising depreciation risk

Exporters try to get more dollars, avoid monetary expropriation

Shihar Aneez

8 min read

Sri Lanka Christmas cake hit by high inflation

Prices accelerate faster in recent years

3 min read