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Saturday May 25th, 2024
Monetary

US Fed keep rates unchanged, reduces Treasuries sell-down

Fed would continue to sell-down mortgage backed securities

May 2, 2024 4 min read

Sri Lanka inflation up 3.1-pct over 19-months, food down 4.6-pct

Consumer Price Index down for the past three months

April 30, 2024 1 min read

Sri Lanka financial account turns $1.3bn in to deficit in 2023 amid heavy repayments

The financial account was 1.3 billion dollars in deficit in 2023

April 24, 2024 5 min read

Sri Lanka rupee will be taken to Rs270 to dollar: President

We will take it to 270. Then you can buy more for the rupee

April 17, 2024 4 min read
Sri Lanka rupee not seen to be volatile in future: CB Governor

I do not think there will be huge volatility, based on the data that is available at the moment

Sri Lanka gross foreign reserves rise to 3.5 year high in April

The rupee sharply appreciated in March and early April

Sri Lanka inflation 0.9-pct in March, prices up 4.3-pct over 18-months

Food prices were down 3.6 percent over 18-months

March 28, 2024 1 min read

Sri Lanka EPF gets US$1.85bn in value back as central bank strengthens rupee

Most food prices also down from 2022 levels

March 28, 2024 3 min read

Sri Lanka to remunerate overnight excess reserves daily from April 01

.

March 27, 2024 2 min read

Sri Lanka does not look at real effective exchange rate: CB Governor

There is no exchange rate target

March 27, 2024 2 min read

Sri Lanka CB chief sees end-March FX reserves at “much higher than $4.5 bln”

Sri Lanka cenbank is building reserves after they fell to from less than $500 million in latter part of 2021

March 26, 2024 1 min read

Sri Lanka central bank cuts rates 50 basis points to 9.50-pct

An price control on lending rates removed

March 26, 2024 7 min read

IMF sees no problem in Sri Lanka central bank building reserves with fx swaps

This can either be swaps with domestic banks, but also swaps with other central banks

March 24, 2024 3 min read

Sri Lanka central bank says senior management decided to review salary hike

The salary hike was initially defended on the basis of central bank independence

March 24, 2024 3 min read

IMF urges transparency in Sri Lanka Central Bank’s salary benchmarking

The Central Bank's salary hike has angered public sector employees

Shihar Aneez
March 22, 2024 3 min read

Sri Lanka central bank to suspend salary hike from next month: COPF chair

The central bank's accountability to parliament established

March 21, 2024 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka reaches staff level agreement with IMF: Statement

Board approval is subject to completing some prior actions and more progress on debt restructuring

March 21, 2024 4 min read

Sri Lanka gives tax-payer guarantee to central bank's US$2.45bn India debt

A ceiling on Treasury guarantees were raised after the last IMF review

March 20, 2024 4 min read

Sri Lanka private credit down in Jan 2024

Central bank credit also down

March 18, 2024 2 min read

IMF increases bailout access to 600-pct from 200-pct of member quota

The extension takes place in the context of the still uncertain global economic environment

March 12, 2024 5 min read

Sri Lanka central bank net assets fall to Rs11bn in Dec 2023

The central bank made large valuation losses in September

March 11, 2024 3 min read

Sri Lanka official remittances up 16.8-pct in Feb

Official remittances are at a five month low

March 9, 2024 1 min read

Sri Lanka foreign reserves inch up to US$4517 in Feb 2024

Sri Lanka has large volumes of swaps, including with domestic counterparties

March 8, 2024 2 min read

Sri Lanka's Adani wind power purchase price below other non-tendered rates: Minister

Ground mounted wind is given 43 rupees for plants below 10 MW

March 7, 2024 2 min read

Sri Lanka Treasuries yields up, Rs42bn 12-month bills sold

All offered 160bn in bills sold

March 6, 2024 1 min read

Sri Lanka rupee opens stronger at 307.70/90 to US dollar

Bond yields were flat ahead of a bill auction later on Wednesday

March 6, 2024 1 min read