An Echelon Media Company
Sunday June 26th, 2022
Monetary

Sri Lanka overnight injections top Rs400bn amid sterilized interventions

Bill stock estimated at Rs1.8 trillion

December 17, 2021 5 min read

Fed to follow John Law for time being as inflation hits records in the US and Sri Lanka

No rate hikes for at least a quarter

December 16, 2021 5 min read

Sri Lanka investors hold US$170mn in January sovereign bond: CB Governor

Local holders of Sri Lanka sovereign bonds are mostly banks

December 13, 2021 1 min read

Sri Lanka targets 300,000 expat workers as policy rate depletes reserves

We will send to new markets in Japan, Korea and Romania, and UK

December 11, 2021 2 min read
Sri Lanka issues Rs20 commemorative coin

500,000 nickel plated coins will be minted

Sri Lanka panel propose hiring financial, legal advisors amid debt crisis

Expert team to help Finance Minister

Sri Lanka private credit negative for second month in June 2020

Sri Lanka's private credit contracted 54 billion rupees in June 2020, extending a 69.6 billion rupee contraction seen in...

July 27, 2020 4 min read

Reserve Bank of India inks US$400mn swap for Sri Lanka: Indian High Commission

The Reserve Bank of India has inked a 400 million US dollar swap line to Sri Lanka, India's High Commission (embassy) in...

July 24, 2020 1 min read

Sri Lanka's nation-wide inflation rises to 6.3-pct in June

Sri Lanka's nation-wide consumer prices rose 6.3 percent in the 2-months to June 2020, rising from 5.2 percent in May, w...

July 21, 2020 1 min read

Sri Lanka extends Coronavirus exchange controls till Jan 2021 after printing money

Sri Lanka's central bank has extended exchange controls slapped as large volumes of money printing in March and April 20...

July 16, 2020 4 min read

Sri Lanka issuing Treasury letters confirming state debts to contractors and suppliers

Sri Lanka has begun issuing letters to government contractors and suppliers confirming that they are owed money by the s...

July 14, 2020 2 min read

Sri Lanka allows US$15,000 to be kept in possession, deposit in SDA forex account

Sri Lanka has allowed up to 15,000 US dollars or equivalent to be kept in possession up from 10,000 dollars earlier and ...

July 14, 2020 4 min read

Sri Lanka central bank 'unprints' money

Sri Lanka's central bank has sold down its Treasury bills stock for the second week, taking its holdings of Treasury bil...

July 13, 2020 5 min read

Sri Lanka central bank controversy with President erupted without prior discussion: Governor

A tongue lashing given by President Gotabaya Rajapaksa over a delay in the central bank giving loans with re-finance (pr...

July 13, 2020 3 min read

Sri Lanka attracts US$86mn deposits into Coronavirus accounts

Sri Lanka's special foreign exchange deposit accounts with an open call to resident and non-resident individuals as the ...

July 11, 2020 2 min read

Sri Lanka central bank complied with govt directions as allowed by law: Deputy Governor

Sri Lanka's central bank had complied with government directions as permitted by available monetary law, central bank of...

July 10, 2020 5 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 367.1686 367.3982
UK Pound 452.6187 451.8938
Euro 388.4167 389.8979
Aus Dollar 255.6136 255.4851
Yen 2.7395 2.7267
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.6108 4.6159
Korea Won 0.2772 0.2772
Oman Rial 935.8320 937.3904
Saudi Riyal 96.0211 96.1836
UAE Dirham 98.0915 98.2549
Source: Central Bank/Indicative
pts %
S&P SL20 2,470.19 1.59%
CSE All Share 7,651.19 1.26%
Turnover Rs million 1,245,549,656 1,102,192,667
Source: CSE
Latest Last
3-m bill 21.20 21.45
6-m bill 21.88 22.16
12-m bill 22.51 22.77
5-yr bond 20.38 20.79
8-yr bond 20.46 20.49
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 forex reserves recover to US$6.7bn in June: Central Bank

Sri Lanka's forex reserves have recovered to 6.7 billion US dollars in June from 6.49 billion US dollars in May helped w...

July 9, 2020 2 min read

Sri Lanka slashes policy rates 100bp amid Coronavirus slowdown

Sri Lanka has slashed policy rate 100 basis points bringing the rate at which money is injected to the banking system at...

July 9, 2020 7 min read

Sri Lanka withdraws some excess liquidity

Sri Lanka's central bank has reduced some of the excess liquidity in money markets that helped trigger a currency fall, ...

July 7, 2020 2 min read

Sri Lanka seeking billion dollar repo from New York Fed

Sri Lanka is seeking a billion US dollar repo from the New York Federal Reserve to boost dollar liquidity, Treasury Secr...

July 6, 2020 2 min read
1

Sri Lanka downgraded to World Bank lower middle income country as per capita income falls

Sri Lanka has been re-classified as a lower middle income country by the World Bank as per capita income dropped amid re...

July 3, 2020 4 min read

Sri Lanka inflation in June 2020 at to 3.9-pct

Sri Lanka's consumer price inflation in the 12-months to June 2020 eased to 3.9 percent from 4.0 percent in May, though ...

July 1, 2020 1 min read

Sri Lanka debt relief, US$400 swap line from India still under discussion

Discussions still ongoing with Sri Lanka over a request 400 million US dollar swap line for the central bank and debt re...

June 30, 2020 2 min read

Eran says if MCC money was given to government Auditor General can easily trace it

Samagi Jana Balavegaya National List candidate Eran Wickramaratne is saying that if any part of the MCC grant money was ...

June 29, 2020 2 min read
1

Mobius says central bankers cannot fix economies, Sri Lanka rupee relatively stable

Central bankers cannot solve economic problems and large liquidity injections will lead to devaluations, though most eme...

June 29, 2020 3 min read

Sri Lanka's central bank to guarantee Covid-19 credit

Sri Lanka's central bank said it will guarantee loans given by banks for Coroanvirus affected businesses, from their ow...

June 28, 2020 3 min read
1
1 52 53 54 55 56 64