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Monday June 27th, 2022
Monetary

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
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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
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Sri Lanka eyeing billion US dollar Qatar swap to boost forex reserves: Minister

Efforts to boost reserves

December 11, 2021 1 min read
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Sri Lanka facing forex reserve crisis, but all debt will be repaid: Finance Minister

I admit that from the foreign reserve point of view also we are in a serious situation

December 10, 2021 3 min read
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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 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

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
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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
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Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 367.4039 367.1686
UK Pound 452.7893 452.6187
Euro 389.4918 388.4167
Aus Dollar 256.4772 255.6136
Yen 2.7394 2.7395
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.6034 4.6108
Korea Won 0.2807 0.2772
Oman Rial 935.8320 935.8320
Saudi Riyal 95.9981 96.0211
UAE Dirham 98.0915 98.0915
Source: Central Bank/Indicative
pts %
S&P SL20 2,381.09 -3.61%
CSE All Share 7,451.91 -2.60%
Turnover Rs million 1,423,365,059 1,245,549,656
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

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
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Sri Lanka to monetize billions of rupees of contractor bills

Sri Lanka will turn billions of rupees worth contractors bills due from government into money at 4 percent, by re-financ...

June 28, 2020 5 min read

Sri Lanka CB to pay 38,000 more The Finance depositors from July 02

Sri Lanka's central bank says 38,000 more depositors will be paid out of deposit insurance fund from July 02.

June 27, 2020 3 min read

Sri Lanka injects Rs459bn from Feb 2020, spends US$1.3bn in forex reserves

Sri Lanka's central bank had injected 459 billion rupees in to banking system from late February to avoid selling govern...

June 26, 2020 1 min read

Sri Lanka central bank lists measures taken for Covid-19 relief, money printed for budget

Sri Lanka's central bank has listed measures taken to ease cash pressure on the banking system during the Coronavirus cr...

June 25, 2020 23 min read

Ranee Jayamaha, Samantha Kumarasinghe appointed to Sri Lanka central bank board

Sri Lanka's Constitutional Council had confirmed Ranee Jayamaha, a former Deputy Governor and Samantha Kumarasinghe, a b...

June 25, 2020 1 min read

Sri Lanka to extend exchange controls for six months: Minister

Sri Lanka's cabinet had given approval to extend exchange and import controls for another six months from June 02, to ke...

June 25, 2020 1 min read

Sri Lanka's central bank gives Rs28bn loans from Rs120bn quasi-fiscal Coronavirus re-finance

Sri Lanka's central bank said it had approved 28 billion rupees of subsidized credit to be issued from commercial banks ...

June 25, 2020 3 min read

Sri Lanka's Senior Citizens' incomes will take a hit as interest rates set to fall steeply - Economi...

Sri Lanka’s hundreds of thousands of Senior Citizens who have invested their lives’ savings in Fixed Deposits and ar...

Arjuna Ranawana
June 18, 2020 3 min read
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