An Echelon Media Company
Monday December 11th, 2023
All Sections
Notable
The cabinet had also directed the Legal Draftsman to prepare a bill to set up an International Trade Office
The government will buy 61,600 metric tonnes of paddy to produce 40,000 MT of rice.
I can tell this assembly that the talks are successful
The Health Minister said he needs an additional 10 billion rupees to purchase medicine in 2023
.Interest cost drive deficit amid DDR fears
Debt of central bank, pension funds and dollar debt of local banks to be re-structured
Financial outflows by some foreign banks are met at higher rates
Big companies may force earlier monetary tightening
As yields rose in 2020, domestic banks bought the bonds
Powell bubble is also firing up global commodity prices
Vietnam intervened heavily in forex markets when Yellen tightened policy in 2014/15 and 2018
Governor Thi Hong insists monetary policy of strong Dong is for stability not for Mercantilism
Over the past week 1.4mn doses administered
Import substitution firms to benefit, essential goods may be neutral
Overnight rates highest since July 2020 rate cut but below ceiling rate
Trade gap up to May 2021 soars to 3.6bn, higher than the 3.2bn in 2019 with no import controls
| 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 |
| 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 |
| 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 |
| 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 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
"If we make the country organic we can earn 20 billion US dollars in two years." the minister said
Action is ill-judged and un-acceptable says Finance Ministry
Low forex reserves
CB held T-bill stock sold down by Rs5.6bn after bill auction
Says authorities addressing concerns
"I mean if you look at what we are doing its absolute garbage"
#Restart21 (Episode 1) Kasturi Chellaraja, Hilmy Cader, Chanakya Dissanayake, and Kenneth De Zilwa
Credit growth driven by loans to state and SOEs
Green economy and vaccination among topics
We use cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
1 min read