Notable
To support firms expanding internationally
To come as Banking (Special Provisions) Act
.
For firms in agriculture, exports and and tourism
Banking sector likely to collapse if government decides for domestic debt restructuring-analysts
Private credit contracted 224.4 billion rupees in the five months to October
Banks face mark-to-market losses as well as bad loans from soft-peg crisis
Stability of foreign exchange rates was in their eyes a mischief, not a blessing
Net other operating income was loss of 12.2 billion rupees, loan loss provisions were down
Total advanced to banks through swaps have risen to US$351mn
Minister Ali Sabry discussed the need for FOREX liquidity support for the state banks of Sri Lanka
Banks were also asked not to buy back shares, to use "extreme due diligence and prudence" in capex
Constrained access to foreign currency funding and indications of stress experienced by banks in the system as result
On heightened forex risks
State banks heavily exposed to energy utilities
Please look into this immediately
Latest | Last | |
---|---|---|
US Dollar | 371.7127 | 371.6601 |
UK Pound | 453.5962 | 453.9794 |
Euro | 396.3156 | 396.4763 |
Aus Dollar | 250.1862 | 251.1981 |
Yen | 2.8251 | 2.7549 |
Latest | Last | |
---|---|---|
Indian Rupee | 4.3961 | 4.3963 |
Korea Won | 0.2820 | 0.2791 |
Oman Rial | 943.2237 | 943.2268 |
Saudi Riyal | 96.7270 | 96.7115 |
UAE Dirham | 98.8729 | 98.8786 |
pts | % | |
---|---|---|
S&P SL20 | 2,653.84 | -1.51% |
CSE All Share | 8,420.26 | -1.04% |
Turnover Rs million | 4,621,153,484 | 2,824,714,520 |
Latest | Last | |
---|---|---|
3-m bill | 31.03 | 31.03 |
6-m bill | 29.57 | 29.60 |
12-m bill | 28.41 | 28.41 |
5-yr bond | 27.49 | 27.57 |
8-yr bond | 27.44 | 27.23 |
today | yesterday | |
---|---|---|
Overnight Money | 15.50 | 15.50 |
Gilt Repo | 15.50 | 15.50 |
I-m SLIBOR | - | - |
Credit cards (penal rates) now at 20-pct, T/ODs 18-pct and pawning 12-pct
CPC lending should be be under single borrower threshold
DFCC's loan loss provisions in December quarter was 1.3 billion rupees up from 529.4 million a year earlier.
Sri Lankan firms can now raise funds in foreign currencies through listing at Colombo Stock Exchange
The key stock index has fallen 6.8 percent so far in February on forex, economic concerns
Exempted from shareholder limits for 4 years
Another 12 companies are in the process of consolidation
Ahead of visit by Chinese minister
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