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Wednesday June 29th, 2022
Monetary

Sri Lanka prints Rs113bn in November 2021 maintaining forex shortages

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

January 3, 2022 2 min read
2

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

Ceiling implied dollar rate controlled at 10-pct

January 2, 2022 3 min read
2

Sri Lanka 2021 inflation hits 12.1-pct

Colombo inflation at a 13-year high

January 1, 2022 3 min read
2

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

Monetary problems cannot be solved by import quotas and rationing

December 31, 2021 4 min read
2
Sri Lanka rupee traded at 330 to the US dollar

Banks have to sell 50-pct of forex receipts to the central bank

Sri Lanka central bank slaps price controls on money changers

Sri Lanka has an exchange rate regime with anchor conflicts

Sri Lanka BOP deficit tops US$2.0bn by October, imports exports slows

Sri Lanka's exports fell 13.2 percent in October 2020 from a year earlier, imports fell 24.9 percent and the balance of ...

December 15, 2020 3 min read

Sri Lanka import substitution, neo-liberalism, Raul Prebisch in focus

Sri Lanka's budget for 2021 based on import substitution and state driven industrialization strategies of Latin America...

December 15, 2020 7 min read

Sri Lanka forex forwards upside down amid money printing, downgrades

Sri Lanka's forward foreign exchange rates have inverted as money printing pushed down rupee interest rates and sovereig...

December 14, 2020 5 min read

Sri Lanka foreign reserves fall to US$5,549mn in November 2020

Sri Lanka's forex reserves fell by 306.4 million US dollars to 5,549.3 million US dollars November 2020 from 5,855.7 mil...

December 12, 2020 3 min read
3

Sri Lanka prints Rs50bn more, excess liquidity tops Rs230bn

Sri Lanka has monetized 50 billion rupees of debt taking on excess liquidity in money markets 235 billion rupees in the ...

December 4, 2020 4 min read

Sri Lanka Central Bank Governor W D Lakshman speaks at Chamber forum - full text

Governor of Sri Lanka's Central Bank W D Lakshman spoke at the Sri Lanka Economic Summit 2021 on December 01, 2020.

December 2, 2020 12 min read

Sri Lanka extends exchange controls till mid 2021

Sri Lanka is extending an exchange control that barred companies and individuals from investing money for another six mo...

December 1, 2020 1 min read
2

Sri Lanka's inflation at 4.1-pct in November 2020

Sri Lanka's 12-month consumer inflation edged up to 4.1 percent in November 2020, from 4.0 a month earlier with the inde...

November 30, 2020 1 min read

Sri Lanka prints money to finance deficits, CB Credit tops Rs700billion

Sri Lanka has printed money in 2020 to finance the government as tax revenues fell and foreign financing dried up, offic...

November 30, 2020 9 min read
2

Sri Lanka policy to target growth with inflation 'well-behaved': CB Governor

Sri Lanka will focus policy on boosting growth with inflation 'well-behaved' Central Bank Governor W D Lakshman said, af...

November 26, 2020 3 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 367.2255 367.4039
UK Pound 452.1949 452.7893
Euro 389.8785 389.4918
Aus Dollar 256.3767 256.4772
Yen 2.7277 2.7394
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.5882 4.6034
Korea Won 0.2797 0.2807
Oman Rial 934.7931 935.8320
Saudi Riyal 95.8864 95.9981
UAE Dirham 97.9826 98.0915
Source: Central Bank/Indicative
pts %
S&P SL20 2,336.44 -1.88%
CSE All Share 7,451.91 -1.87%
Turnover Rs million 815,332,807 1,423,365,059
Source: CSE
Latest Last
3-m bill 19.88 19.95
6-m bill 20.76 20.17
12-m bill 21.12 21.81
5-yr bond 19.79 19.87
8-yr bond 20.46 20.14
Source: Central Bank/Indicative
today yesterday
Overnight Money 14.50 14.50
Gilt Repo 14.50 14.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka keeps policy rates unchanged in Nov 2020 amid liquidity injections

Sri Lanka is keeping policy rates unchanged in November 2020 the central bank said amid unprecedented liquidity injectio...

November 26, 2020 7 min read

Sri Lanka central banker Coronavirus positive; operations to continue

Sri Lanka's central bank said it had taken to maintain uninterrupted operations after a staff member tested positive for...

November 21, 2020 3 min read

Sri Lanka offers foreign exchange carrots amid monetary instability

Sri Lanka has proposed a series of incentives to draw in black money, foreign exchange or discourage their outflow in a ...

November 18, 2020 4 min read

Sri Lanka buys US$48mn from forex markets in Oct

Sri Lanka's central bank has bought 49 million US dollars from foreign markets in October 2020 to maintain a pegged exch...

November 16, 2020 1 min read

Sri Lanka private credit up, state credit surge in September 2020

Sri Lanka's private credit grew by 87.4 billion rupees in September 2020, expanding for the second month in a row, short...

November 9, 2020 2 min read

Sri Lanka forex reserves drop to US$5.8bn after bond repayment

Sri Lanka's forex reserves dropped 807.8 million dollars in October 2020 to 5,578.5 million dollars as the island repaid...

November 9, 2020 1 min read

Sri Lanka Treasury bill yields falls below the floor policy rate

Sri Lanka's 06 and 12 month Treasury bill yield fell below the floor policy rate of 4.5 percent at Wednesday's Treasury ...

October 22, 2020 1 min read

Sri Lanka keeps policy rates unchanged amid Covid-19 spike

Sri Lanka is keeping policy interest rates unchanged in October with signs of credit picking up, and the impact of a Cor...

October 22, 2020 7 min read

Sri Lanka wants to renew US$1.5bn equivalent RMB swap as standby facility: Minister Cabraal

Sri Lanka has started talks on renewing a 10 billion yuan swap with China (about 1.5 billion US dollars) to be used as a...

October 19, 2020 1 min read

Sri Lanka approves Rs178bn central bank re-financed bank credit, breaking limit

Sri Lanka has approved 178 billion rupees of credit through commercial lenders mostly through re-financed by the central...

October 17, 2020 2 min read
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