An Echelon Media Company
Tuesday December 5th, 2023

Sri Lanka committee to oversee merging of BOI and EDB activities

The cabinet had also directed the Legal Draftsman to prepare a bill to set up an International Trade Office

January 18, 2023 1 min read

Sri Lanka to spend Rs10bn to give free rice to families

The government will buy 61,600 metric tonnes of paddy to produce 40,000 MT of rice.

January 17, 2023 2 min read

Sri Lanka debt talks with India, China successful: President

I can tell this assembly that the talks are successful

January 17, 2023 1 min read

Sri Lanka to transfer 1-pct of 2023 current spending of all ministries to health

The Health Minister said he needs an additional 10 billion rupees to purchase medicine in 2023

January 17, 2023 1 min read
Sri Lanka central bank, EPF slammed over governance, mis-disclosure amid DDR

It is absolutely false when you say, that this is a voluntary participation

Sri Lanka parliament passes domestic debt restructure plan

The motion was passed with 122 voting for and 62 voting against

Sri Lanka Marxists advise de la Rue worship as central bank credit tops trillion rupees

The government should in fact worship the Biyagama money printing factory - Anura

August 4, 2021 6 min read

IMF to allocate SDRs on August 23, Sri Lanka expects around US$800mn

The SDR allocation will benefit all members, address the long-term global need for reserves, build confidence

August 3, 2021 3 min read

Sri Lanka's Rs213bn money printing to repay foreign debt: Treasury Secretary explains

I have to take rupees from the central bank to get dollars. This is how it happens

August 2, 2021 9 min read

Sri Lanka follows Argentina into 'precios cuidados' as rice prices soar amid money printing

Minister promises 50 to 75 rupee fall in prices in a week

July 31, 2021 3 min read

Sri Lanka state revenues up 8-pct to June, below 2021 budget targets: Treasury Secretary

Capex also slowed

July 31, 2021 2 min read

Sri Lanka to resume govt services fully despite health warnings

Since the majority of public servants have also been vaccinated, the priority should be given to restore normalcy

July 30, 2021 2 min read

Sri Lanka inflation rises to 5.7-pct July 2021, overtakes policy rate

CCPI overtook the de facto policy rate of the 12-month gilt ceiling in June

July 30, 2021 2 min read

Sri Lanka spends Rs53bn on Covid-19, vaccines US$110mn

By the month of June, 53 billion were spent as direct expenses for COVID apart from the vaccines," Treasury Secretary.

Imesh Ranasinghe
July 30, 2021 1 min read

Sri Lanka not planning new import controls: Treasury secretary

'It is not a very good thing to do'

July 30, 2021 2 min read

Sri Lanka Customs reforms to ease doing business: P B Jayasundera

'We need much more effective custom administration with a more simple and transparent system of tariff '

July 29, 2021 3 min read
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Latest Last
US Dollar 330.2942 315.1016
UK Pound 429.0139 401.1871
Euro 372.1704 343.1959
Aus Dollar 227.2526 211.5951
Yen 2.3820 2.1908
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka fails to sell 41-pct of Treasuries at de facto policy rate ceiling

Ceiling rate set at 5.26-pct

July 28, 2021 3 min read

Sri Lanka central bank bill stock top trillion rupees after July reserve outflow

Landmark month

July 28, 2021 4 min read

Sri Lanka’s fertilizer, energy reforms 'very painful' but healthy: Jayasundera

'The national balance sheet is very scary because almost all districts are reporting non-communicable ... diseases'

July 28, 2021 3 min read

'Dramatic change' in new Sri Lanka finance minister’s 2022 budget

2022 budget to achieve meaningful fiscal responsibility: Jayasundera

July 27, 2021 2 min read

Sri Lanka reserve fall after bond payment will be temporary: Minister Cabraal

'Reserves to be buttressed with non-debt inflows'

July 27, 2021 2 min read

Sri Lanka in a balancing act with global powers for investment: P B Jayasundera

De-link investments from loans

July 27, 2021 3 min read

Sri Lanka will manage debt stress, will not seek IMF loan: P B Jayasundera

July a stressful month

July 26, 2021 2 min read

Sri Lanka to recoup US$200mn from bond settlement back to forex reserves: Minister Cabraal

Out of billion dollar bond US$310 million held by resident investors

July 26, 2021 2 min read

Sri Lanka rupee swap discounts ease further, exporter parallel rates up

Financial outflows by some foreign banks are met at higher rates

July 26, 2021 3 min read

IMF suggests taming 'market power' instead of central banks as Powell bubble bites

Big companies may force earlier monetary tightening

July 26, 2021 4 min read