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Tuesday May 17th, 2022
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'Our leaders and financial sector experts have failed to bring a long term programme to manage our foreign reserves'
Remittance surrenders are from voluntary conversions
The central bank has said earlier exporters who do not convert will be charged a higher tax
The cryptocurrency Tether, a stable coin or pegged exchange rate is quoted around 236 rupees
Remittances started to slow down faster from around September
Oil bills are large and stand out from other import bills
Sri Lanka’s hundreds of thousands of Senior Citizens who have invested their lives’ savings in Fixed Deposits and ar...
Sri Lanka's excess liquidity in money markets soared to a historic high of 223 billion rupees after the statutory reserv...
Sri Lanka's central bank said it will issue more new money to banks at 1.0 percent to give loans under credit schemes wh...
Sri Lanka has cut the statutory reserve ratio (SRR) reducing the share of deposits that banks have keep in the central b...
Sri Lanka's President Gotabaya Rajapaksa has slammed central bank over not issuing 150 billion rupees of new money for b...
A Colombo Magistrate has issued warrants for the arrest of the Directors of Edirisinghe Trust Investments Finance Ltd., ...
Sri Lanka's private credit has tumbled in April 2020 to 13.4 billion rupees from a spike to 120 billion rupees in March ...
Sri Lanka's forex reserves dropped 686 million US dollars to 6,493 million US dollars in May 2020 from a month earlier,...
Sri Lanka's central bank has not yet tripled a re-finance (printed money) facility to 150 billion rupees (about 800 mill...
Sri Lanka's apparel exporters are facing difficulties in obtaining essential items for manufacturing due to import contr...
| Latest | Last | |
|---|---|---|
| US Dollar | 365.000 | 377.4967 |
| UK Pound | 467.5760 | 467.1937 |
| Euro | 403.6233 | 400.9370 |
| Aus Dollar | 269.0664 | 270.5633 |
| Yen | 2.9308 | 2.8886 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.6485 | 4.6497 |
| Korea Won | 0.2797 | 0.2801 |
| Oman Rial | 935.0528 | 935.0528 |
| Saudi Riyal | 95.9744 | 95.9718 |
| UAE Dirham | 98.0112 | 98.0112 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,669.73 | 5.52% |
| CSE All Share | 8,156.45 | 5.18% |
| Turnover Rs million | 2,180,675,756 | 1,193,171,490 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.10 | 20.83 |
| 6-m bill | 21.68 | 21.71 |
| 12-m bill | 22.39 | 22.41 |
| 5-yr bond | 21.89 | 21.27 |
| 8-yr bond | 21.78 | 21.60 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 14.50 | 14.50 |
| Gilt Repo | 14.50 | 14.50 |
| I-m SLIBOR | - | - |
Sri Lanka's banking system is strong despite a rise in bad loans and the central bank will use all tools to maintain fin...
The opposition Samagi Jana Balavegaya has written to the Auditor General pointing out what they term as “three instanc...
Sri Lanka's central bank defended its money printing, which led to forex shortages and fears of repaying foreign debt le...
Sri Lanka's President Gotabaya Rajapaksa has requested a 1.1 billion foreign exchange swap from India and also invited a...
Profits at Sri Lanka's central bank plunged 60 percent to 55 billion rupees in 2019 from 137 billion rupees in 2018 as t...
The lack of a coherent policy framework is hurting the sovereign rating and also potential lenders who may want to finan...
President Gotabaya Rajapaksa is saying his decision to ban the import of Ethanol will stand and he “will not rescind t...
Sri Lanka's private credit picked up to 25 billion rupees in January 2020, from just 0.3 billion rupees in December, whi...
Sri Lanka's foreign reserves have dropped 353 million US dollars to 7,179 million US dollars, official data show, after ...
Sri Lanka's central bank said it had cut the policy rate at which it injects printed money to markets by 50 basis points...
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