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Monday October 18th, 2021
Monetary

Sri Lanka CB sees private sector credit growth at 14-pct by end 2021

We have seen a substantial increase in the private sector credit

3 min read

Sri Lanka keeps overnight policy rates unchanged, market rates move up

Market rates move up after last hike

3 min read

Sri Lanka rupee non-credible peg at 203 to dollar drives dollar rationing, rates rise

Banks trying to supply dollars to non-foods

3 min read

Sri Lanka private, state credit surge in August, CB credit up 187-pct

Central bank credit to government grew 187 percent in the 12-months to August

3 min read

Sri Lanka CB sees inflation rising in the near term, but rules out double digits

We expect some near term inflationary pressure due to global price movement and surge in global commodity prices

Sri Lanka removes LC margins on electronic, 'non-essential' items: Cabraal

The cash margin is removed from today

1 min read

Sri Lanka to hike mandatory foreign exchange surrender rule

No change will be made to personal foreign currency accounts,

1 min read

Sri Lanka September 2021 inflation 5.7-pct in Colombo

The food sub-index up 22 percent over 24 months

3 min read

Sri Lanka CB rate hike, SRR has not met original objectives: Jayasundera

If the export credit is expensive, they have to bring dollars

7 min read

Sri Lanka sells 16.8bn in bonds, yields up, post-auction tap open

Post auction tap open till 1600hours on Sept 30

4 min read

Sri Lanka CB Governor warned on pitfalls by Wijewardene amid contradictory rupee moves

"The result was the lengthening of the queue for dollars and the expansion of the black market further."

5 min read

Sri Lanka central bank explains forex repatriation, Zimbabwe style surrender rules

Reserve Bank of Zimbabwe raised its surrender requirement to 40-pct in January.

7 min read

Sri Lanka markets being allowed to work, confidence key: Governor Cabraal

What we are doing is allowing markets to move in the way that they should perform

3 min read

Cabraal removes Sri Lanka bond auction price controls

Rs 2bn printed after last week's bill auction despite low forex reserves

2 min read

Sri Lanka CB Governor meets envoy of forex reserve rich Bangladesh

Bangladesh forex reserves surged as reserve money grew from NFA

3 min read

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Latest Last
US Dollar 200.0930 201.2500
UK Pound 274.9278 275.3503
Euro 231.9678 233.5204
Aus Dollar 148.4390 149.2873
Yen 1.7539 1.7676
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6665 2.6988
Korea Won 0.1689 0.1701
Oman Rial 519.7356 522.7409
Saudi Riyal 53.3468 53.6567
UAE Dirham 54.4745 54.7895
Source: Central Bank/Indicative
pts %
S&P SL20 3,546.17 -0.01%
CSE All Share 9,648.18 0.25%
Turnover Rs million. 2,191,558,044.10 705,911,605
Source: CSE
Latest Last
3-m bill 7.19 6.64
6-m bill 7.31 6.80
12-m bill 7.46 6.96
5-yr bond 10.52 9.48
8-yr bond 11.37 9.97
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 in talks for milk credit line from New Zealand

Sri Lanka spends about 300 million dollars a year on diary product imports

1 min read

Sri Lanka CB Governor meets exporters and importers

The exchange of views with the main #Importers & #Exporters in Sri Lanka was very helpful

3 min read

Sri Lanka prints Rs103.5bn below 3-month Treasuries yield to reverse SRR

Money injected for 87 days below the market risk free rate

3 min read

Sri Lanka latest import restrictions should be revisited: Jayasundara

Now the central bank has imposed a 100-pct credit margin on IT products, which is not healthy

5 min read

Sri Lanka rupee hobbled by 203 decree, priority lists, three bonds quoted

This week American Express, a credit card started rejecting overseas transactions above 100 US dollars.

5 min read

Sri Lanka bus assembly eyed by China's King Long Auto in Hambantota

'With the Hambantota Port being so strategically located, we would be able to reach newer markets.'

2 min read

Sri Lanka new CB Governor earns cautious approval from Wijewardena

Wijewardene as Deputy Governor in 2008/2009 along with Cabraal tamed the agency's domestic operations

3 min read

2021 IMF Annual Meetings Youth Fellowships open for application

Open to individuals aged between 20 to 32 from across the world

2 min read

Fingers crossed that Sri Lanka's failed bill auctions which ravaged rupee will end

The yield curve flattens and is rock steady ahead of currency crises as anchors conflict

5 min read

Sri Lanka's national inflation at 6.7-pct in August 2021

The food price index grew 11.1 percent in the year to August

1 min read