Notable
Targeting GDP with easy money dates back to Scottish Mercantilist John Law and fully flexible policy to James Steuart.
High direct tax rates, capital consumption taxes, are not a substitute for monetary stability
Countries where inflationists cannot engage in macro-economic policy with money printing have low debt
It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency
There no political policy rate, single or otherwise during periods of stability and growth when good money was provided
Food prices go up due to a combination of government controls and also money printing
Sri Lanka’s rulers and bureaucrats are planning to poke their itchy interventionist fingers on taxis and school v...
Under planned ‘flexible inflation targeting’, Sri Lanka is supposed to target an inflation index, intervene...
Sri Lanka is planning an 'anti-dumping' law to protect businessmen from exercising their power in markets. Anti-dumping ...
A grave new risk had emerged to Sri Lanka's monetary stability and sovereign credit with the Treasury pressuring the cen...
Sri Lanka is facing several headwinds, amid talk of an impending economic crisis, which is coming from excessive relianc...
.
Sri Lanka’s Yahapalanaya administration has tarnished the United National Party’s reputation for good econ...
Nationalist hate is once again rising in the West, as shown by Brexit and Donald Trump amid an economic downturn while S...
India's rulers suddenly demonetised 500 and 1000 rupee notes on November 08, making them valueless, supposedly to draw '...
When King John imposed yet another scutage, the main tax of the times that was the basis of a feudal serfdom, on the bar...
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lanka's new Central Bank Governor Indrajit Coomaraswamy has correctly identified the fundamental problem with the co...
Sri Lanka's budget deficit for 2015 is supposed to be Rs829.5 billion or 7.4 percent of gross domestic product. But ther...
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