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Monday October 18th, 2021
Monetary

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 central bank on insolvency track, quasi-fiscal losses loom

In September gross reserves had fallen further

3 min read

IMF cautions Maldives on money printing to stop rufiyaa fall as Sri Lanka wobbles

Tighter monetary policy stance may be needed to ensure compatibility with the exchange rate peg

3 min read

Sri Lanka forex reserves down to US$2.5bn in September

From US$5.6bn in December 2020

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

We have seen a substantial increase in the private sector credit

Sri Lanka CB Governor meets envoy of forex reserve rich Bangladesh

Bangladesh forex reserves surged as reserve money grew from NFA

3 min read

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

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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'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

Sri Lanka CB announces monetary board secretary amid controversy

Previous tenors given

2 min read

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

4 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

3 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

3 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

5 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

3 min read

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

3 min read

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