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Tuesday January 25th, 2022
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At the current policy rates and sterilization of interventions, forex problems will not get better
4 min read
The proposal to import cars with dollar earnings and pay taxes in dollars is absolutely correct
4 min read
A Bellwether FAQ on the dangerous lack of note-issue banking know-how
4 min read
In all years with inflationary policy, debt after foreign reserves went up
4 min read
Debt re-structuring to reduce gross financing needs will help
Diocletian minted in copper in plenty what was scarce in silver, Sri Lanka is pumping liquidity in paper
Mercantilist fallacies have devasted countries at peace
21 min read
'A new type of superstition has got hold of people's minds, the worship of the state'
7 min read
Sri Lanka's central bank is running out of reserves, a part of the remaining reserves are tied up in swaps, the country ...
25 min read
In Sri Lanka politicians are blamed for the country's economic ills and rising default risk, but it is only partly their...
23 min read
Sri Lanka is facing a monumental state failure after denying economic and civil freedoms for decades, destroying Sri Lan...
5 min read
The question is often asked whether Sri Lanka do without an International Monetary Fund program. It is certainly possi...
11 min read
Sri Lanka is heading for one of the biggest economic challenges in its history in 2021, with the central bank printing m...
15 min read
Sri Lanka aspired to be a Singapore after liberalizing trade and ending a closed economy of the 1970s, but it all failed...
18 min read
Sri Lanka was at one time talking about trying to be a Singapore, and then a Malaysia, and now it is talking about tryin...
10 min read
In Sri Lanka when the elected ruling class tries to amend the constitution and amass greater power at the expense of ind...
13 min read
| Latest | Last | |
|---|---|---|
| US Dollar | 202.0323 | 202.0000 |
| UK Pound | 272.2486 | 273.9625 |
| Euro | 228.5692 | 228.9165 |
| Aus Dollar | 144.4430 | 145.1572 |
| Yen | 1.7757 | 1.7742 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 2.7066 | 2.7147 |
| Korea Won | 0.1687 | 0.1692 |
| Oman Rial | 524.7524 | 524.6685 |
| Saudi Riyal | 53.8595 | 53.8509 |
| UAE Dirham | 55.0040 | 54.9952 |
| pts | % | |
|---|---|---|
| S&P SL20 | 4,627.03 | 0.48% |
| CSE All Share | 13,384.11 | 0.09% |
| Turnover Rs million. | 2,191,558,044.10 | 18,423,459,791 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 8.18 | 7.91 |
| 6-m bill | 8.36 | 8.18 |
| 12-m bill | 8.51 | 8.37 |
| 5-yr bond | 11.26 | 10.93 |
| 8-yr bond | 11.81 | 10.93 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 5.93 | 5.99 |
| Gilt Repo | 5.14 | 5.14 |
| I-m SLIBOR | - | - |
Sri Lanka's monetary instability, the rising cost of living, falling living standards and the resultant strikes, revolut
19 min read
The three fetters that shackle Sri Lanka's economic growth, peace and general happiness; monetary instability, regime un...
10 min read
While Sri Lanka defeated the Tamil Tigers in 2009 and the Coronavirus in 2020 – the battle is not yet over – it is r...
6 min read
Sri Lanka's per person gross domestic product had dropped 227 dollars to 3,852 dollars in 2019 after a the latest curren...
10 min read
When the government changes ground rules and conditions or the operating regime suddenly, like in Sri Lanka, it is very ...
11 min read
Sri Lanka will face credit downgrades and possible sovereign default of dollar debt unless the highly unstable discretio...
6 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...
21 min read
Finance Minister Mangala Samaraweera started a price formula in 2018 May just as fuel price started to spike, but the Ce...
10 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...
14 min read
In Sri Lanka, indoctrination and hate targeting communities not considered to be the 'core-nation' as defined in ethno-r...
25 min read
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2 min read