Notable
Sri Lanka's central bank is running out of reserves, a part of the remaining reserves are tied up in swaps, the country already has a 'CCC' rating, mo...
5 minutes
In Sri Lanka politicians are blamed for the country's economic ills and rising default risk, but it is only partly their fault, as the ...
26 min read
Sri Lanka is facing a monumental state failure after denying economic and civil freedoms for decades, destroying Sri Lanka's rupee on which families b...
5 min read
The question is often asked whether Sri Lanka do without an International Monetary Fund program. It is certainly possible to do so if there is knowl...
12 min read
Sri Lanka is heading for one of the biggest economic challenges in its history in 2021, with the central bank printing money like there is no tomorrow...
Sri Lanka aspired to be a Singapore after liberalizing trade and ending a closed economy of the 1970s, but it all failed as the currency collapsed, tr...
Sri Lanka's per person gross domestic product had dropped 227 dollars to 3,852 dollars in 2019 after a the latest curren...
11 min read
When the government changes ground rules and conditions or the operating regime suddenly, like in Sri Lanka, it is very ...
12 min read
Sri Lanka will face credit downgrades and possible sovereign default of dollar debt unless the highly unstable discretio...
7 min read
Sri Lanka had stability until July 2019 with cash withdrawn by the central bank to keep a soft-peg with the US dollar un...
23 min read
Finance Minister Mangala Samaraweera started a price formula in 2018 May just as fuel price started to spike, but the Ce...
11 min read
The collapse of Sri Lanka's soft-pegged rupee, partly due to policy errors of the Central Bank and partly due to the fal...
16 min read
In Sri Lanka, indoctrination and hate targeting communities not considered to be the 'core-nation' as defined in ethno-r...
28 min read
Sri Lanka's should phase out term repurchase deals now that bank credit has slowed, allowing the central bank to be a ne...
8 min read
Sri Lanka's Central Bank which has printed tens of billions of rupees in 2018 to boost economic activity artificially ju...
16 min read
Sri Lanka is going from boom-bust to bust-bust in this credit cycle despite the injection of excess demand into the econ...
13 min read
| Latest | Last | |
|---|---|---|
| US Dollar | 199.5155 | 199.5887 |
| UK Pound | 277.4163 | 277.5680 |
| Euro | 240.7055 | 239.7459 |
| Aus Dollar | 155.2131 | 154.6214 |
| Yen | 1.8282 | 1.8259 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 2.7107 | 2.7040 |
| Korea Won | 0.1781 | 0.1775 |
| Oman Rial | 518.2355 | 518.4257 |
| Saudi Riyal | 53.1885 | 53.2194 |
| UAE Dirham | 54.3173 | 54.3372 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,838.96 | 0.22% |
| CSE All Share | 7,188.09 | 0.59% |
| Turnover Rs million. | 1,248,630 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 5.04 | 5.03 |
| 6-m bill | 5.09 | 5.09 |
| 12-m bill | 5.15 | 5.15 |
| 5-yr bond | 7.12 | 7.08 |
| 8-yr bond | 7.71 | 7.70 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 4.65 | 4.65 |
| Gilt Repo | 4.68 | 4.67 |
| I-m SLIBOR | - | - |
Sri Lanka's toiling workers in the private sector who stand on their own feet are an unfortunate lot, caught between a n...
11 min read
In 2018 instability generated by an inconsistent monetary policy framework not only killed a nascent economic recovery t...
17 min read
Sri Lanka's United National Party has well and truly lost its reputation for economic management during three and a half...
13 min read
There are pronouncements that Sri Lanka is like Greece from both sides of the political divide, but that is not correct....
16 min read
Sri Lanka'S rupee has fallen with amid two liquidity spikes in 2018 just as the economy started to recover, underlining ...
19 min read
Sri Lanka's permanent currency depreciation worsened by periods of greater weakness is putting the country in the danger...
18 min read
Ethno-religious fascist forces are again in the ascendancy in Sri Lanka helped by an economic downturn triggered by mone...
14 min read
Sri Lanka's Central Bank is forced to collect forex reserves to be able to pay off government debt when necessary and me...
12 min read
Sri Lanka is on a recovery path, and this is the time when commercial bank credit picks up, the Central Bank cuts rates ...
13 min read
With the rupee hitting new lows against the US dollar, driven by a REER-targeting devaluationist policy to hurt wage ear...
11 min read
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6 min read