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Wednesday December 1st, 2021
Monetary

Sri Lanka to give sweetners to expat workers as dollars lost to informal channels

Incentive package to be announced

5 min read

Sri Lanka bank credit to state repaid after money printing surge in Sept

Failed bond auctions effectively monetize past deficits

5 min read

Sri Lanka Central bank defends controversial export dollar surrender rules

Services included but remmittances

5 min read

Sri Lanka prints SRR hike, Rs296bn in new money dumped into banks in Sept

From Dec 2019 to Sept 2021 the central bank has printed Rs1.467 trillion triggering around US$5bn in reserve losses

5 min read

Sri Lanka national inflation surges to a 4-year high after money printing

Since inflationary policy began from around August 2019, the food index had risen 28.5-pct

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

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

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Latest Last
US Dollar 202.0474 202.0474
UK Pound 268.7331 269.2383
Euro 228.7177 228.3338
Aus Dollar 144.3831 144.4841
Yen 1.7815 1.7776
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6936 2.6920
Korea Won 0.1711 0.1702
Oman Rial 524.7916 524.7916
Saudi Riyal 53.8563 53.8592
UAE Dirham 55.0073 55.0073
Source: Central Bank/Indicative
pts %
S&P SL20 3,900.02 1.84%
CSE All Share 11,440.53 2.13%
Turnover Rs million. 2,191,558,044.10 10,054,526,815
Source: CSE
Latest Last
3-m bill 7.56 7.63
6-m bill 7.91 7.88
12-m bill 8.25 8.16
5-yr bond 10.56 10.58
8-yr bond 11.21 11.20
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 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

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

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