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Monday October 25th, 2021
Monetary

Sri Lanka national inflation at 3.7-pct in Jan 2021

Sri Lanka's nation-wide inflation in the 12-months to January 21 was measured at 3.7 percent, down from 4.6 percent in D...

3 min read

Sri Lanka exporters concerned over mandatory dollar conversion

Some Sri Lanka exporter have expressed concern over a mandatory dollar conversion rule imposed amid unprecedented money ...

3 min read

Solving Sri Lanka's debt and monetary crisis sans the IMF, like Japan, Malaysia: Bellwether

The question is often asked whether Sri Lanka do without an International Monetary Fund program. It is certainly possi...

3 min read

Sri Lanka banks to surrender 12-5-pct of export receipts to central bank

Sri Lanka's banks have been ordered to sell half of mandatorily converted export proceeds to the central bank, financial...

3 min read

Sri Lanka inflation rises 4.3-pct in March

Sri Lanka's consumer price inflation rose to a six-month high of 4.3 percent in March 2019 from a year earlier, data fro...

1 min read

Sri Lanka cuts 7-day policy rate 50bp to 8.5-pct, overnight at 8.58-pct

Sri Lanka's Central Bank has cut its 7-day policy rate at which cash is injected by 50 basis points to 8.50 percent over...

6 min read

Sri Lanka Central Bank opens counter to sell coins

ECONOMYNEXT - The Central Bank of Sri Lanka will open a counter at its head office to issue coins to the general public,...

1 min read

Sri Lanka's national inflation picks up to 2.4-pct in February

ECONOMYNEXT- Sri Lanka's nation-wide inflation picked up to 2.4 percent in the 12 months to February 2019 from 1.2 perce...

1 min read

Sri Lanka cabinet approves legal changes for flexible inflation targeting

Sri Lanka's Cabinet of Ministers have approved changes to the monetary law of the country to help the Central Bank condu...

2 min read

US Fed now expects no rate hikes in 2019

The Federal Reserve sent a strong signal the US economy is slowing, indicating Wednesday it will not raise the benchmark...

4 min read

Sri Lanka per capita GDP edges lower amid soft-peg collapse

Sri Lanka's gross domestic product edged marginally lower to 4,102 dollars per person in 2018 from a revised 4,104 dolla...

3 min read

Sri Lanka forex reserves drop to US$6,005mn in Feb

Sri Lanka's gross official reserves dropped to 6,005 million US dollars in February 2019, down 147 million dollars from ...

3 min read

IMF urges Maldives to tinker with exchange rate peg, amid Chinese debt

The International Monetary Fund is urging the Maldives to review its exchange rate peg, which had helped the country to ...

3 min read

Sri Lanka liquidity narrows as SRR cut sterilises soft-peg interventions

A liquidity shortage stemming from interventions in forex markets made to enforce a soft-pegged exchange rate regime fel...

4 min read

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Latest Last
US Dollar 201.0455 200.5117
UK Pound 277.3121 277.2676
Euro 233.7456 233.8869
Aus Dollar 150.2614 151.2660
Yen 1.7625 1.7543
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.6854 2.6801
Korea Won 0.1705 0.1707
Oman Rial 522.2097 520.8231
Saudi Riyal 53.6007 53.4541
UAE Dirham 54.7338 54.5885
Source: Central Bank/Indicative
pts %
S&P SL20 3,572.70 0.54%
CSE All Share 9,881.50 1.78%
Turnover Rs million. 2,191,558,044.10 4,268,523
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 reaches staff level deal with IMF

Sri Lanka has reached a staff level agreement with the International Monetary Fund to extend an existing agreement and c...

6 min read

Sri Lanka cuts statutory reserve ratio, releasing liquidity

Sri Lanka has cut the statutory reserve ratio, 1.0 percent to 5.00 percent, helping fill liquidity shortages in the bank...

6 min read

Sri Lanka's national inflation picks up to 1.2-pct in January

ECONOMYNEXT- Sri Lanka's nation-wide inflation picked up to 1.2 percent in the 12 months to January 2019 from 0.4 percen...

1 min read

Better external conditions for Sri Lanka rupee in 2019: StanChart

External conditions for the Sri Lanka rupee will be better in 2019, following a steep fall in 2018 and foreign investors...

3 min read

Sri Lanka forex reserves down to US$6.14bn in Jan

Sri Lanka's forex reserves had fallen to 6.1 billion US dollars in January 2019, down from 6.19 billion US dollars in De...

1 min read

Inflation in Sri Lankan capital Colombo rises to 3.7-pct in January

ECONOMYNEXT – Consumer inflation in the Sri Lankan capital Colombo rose to a four-month high of 3.7 percent in Ja...

1 min read

Sri Lanka tightens capital account to maintain soft-peg

Sri Lanka has slashed the volume of Treasury bill allowed to be held by foreign investor to 10 percent of total outstand...

2 min read

Sri Lanka rupee 'undervalued' with REER at 96 amid soft-peg collapse

Sri Lanka's real effective exchange rate (REER) index has dropped below 100 amid a collapse of a soft-peg with the US do...

5 min read

Sri Lanka nationwide inflation slows to 0.4-pct in December

ECONOMYNEXT – Nationwide inflation in Sri Lanka slowed to 0.4 percent in December 2018 from 1.0 percent in Novemb...

1 min read

Sri Lanka's central bank takes in Rs90bn in Treasury bills for forex financing

Sri Lanka's central bank said it had received 90 billion rupees of Treasury bills (about 500 million US dollars) after f...

3 min read