Fear of a DDR/IFR event drive rates even higher
Indian billion dollar credit line also works Undiyal fashion
It is through open market operations that money is printed to mis-target interest rates
The absolute discretion to print money through flexible inflation targeting cum output gap targeting has to be blocked
Forcing food importers to use LCs can create food shortages.
A flexible exchange rate fails because it is not rule bound
Monetary fiscal co-ordination comes from an International Monetary Fund
Sterilized currency defence, without an accompanying rise in rates, spells disaster
At the current policy rates and sterilization of interventions, forex problems will not get better
The proposal to import cars with dollar earnings and pay taxes in dollars is absolutely correct
A Bellwether FAQ on the dangerous lack of note-issue banking know-how
In all years with inflationary policy, debt after foreign reserves went up
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
'A new type of superstition has got hold of people's minds, the worship of the state'
Sri Lanka's central bank is running out of reserves, a part of the remaining reserves are tied up in swaps, the country ...
In Sri Lanka politicians are blamed for the country's economic ills and rising default risk, but it is only partly their...
Sri Lanka is facing a monumental state failure after denying economic and civil freedoms for decades
The question is often asked whether Sri Lanka do without an International Monetary Fund program. It is certainly possi...
Sri Lanka is heading for one of the biggest economic challenges in its history in 2021, with the central bank printing m...
Sri Lanka aspired to be a Singapore after liberalizing trade and ending a closed economy of the 1970s, but it all failed...
Sri Lanka was at one time talking about trying to be a Singapore, and then a Malaysia, and now it is talking about tryin...
In Sri Lanka when the elected ruling class tries to amend the constitution and amass greater power at the expense of ind...
Sri Lanka's monetary instability, the rising cost of living, falling living standards and the resultant strikes, revolut