Notable
If parliament rubber stamps a 4-6-pct inflation target, a second default is more certain
The new central bank goal and objective are a personification of the impossible trinity of monetary policy objectives
Reserves can be collected by impoverishing the poor, or by taking in their savings
Sri Lanka rupee appreciation explained
Trade cannot cause monetary troubles. Monetary troubles are caused by flawed 'monetary policy'.
Sri Lanka can cut or remove policy floor but should not print money for a mid corridor or single rate
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...
ECONOMYNEXT - Sri lanka’s rulers are once again blocking coal, the cheapest source of electricity, driven by powe...
ECONOMYNEXT - Sri Lanka's taxation by 'Royal Prerogative' progressively built by the elected ruling class and bureaucrat...
ECONOMYNEXT - With interest rates already higher which will go some way to correct monetary excesses of central bank and...
ECONOMYNEXT - Sri Lanka has announced plans to charge capital gains tax and the proposal to tax shares has created uncer...
ECONOMYNEXT - Sri Lanka is fearing more economic instability in 2016 with little being done to fix budget that went off ...
ECONOMYNEXT - A Hungarian camerawoman trips a desperate Syrian refugee running into the country across the border with h...
ECONOMYNEXT - Sri Lanka has a ban and taxes on the import of tea, preventing domestic value addition for export, suppose...
ECONOMYNEXT - Sri Lanka's car owning bureaucrats, politicians and central bankers have started to tighten auto imports i...
| 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 | - | - |
Branded or 'original' drugs are much cheaper in this country than in their home markets in the US and Western Europe
ECONOMYNEXT - Listed debentures have mushroomed over the last two years after the State made them tax free in an attempt...
ECONOMYNEXT - Reserve Bank of India Governor Raghuram Rajan dealt a decisive blow to interventionist criticism of Japan'...
ECONOMYNEXT - The new United National Party led administration got off to a bad start in January in public finance, viol...
ECONOMYNEXT - Sri Lanka's BOP episode moved into a second stage where liquidity gradually reduced as the Central Bank re...
ECONOMYNEXT - Sri Lanka is now proceeding steadily into greater balance of payments pressure, with some mild signs of de...
ECONOMYNEXT - Sri Lanka is now knocking at the door of a balance of payments crisis and for all intents and purposes see...
ECONOMYNEXT - Sri Lankan policy makers and commentators have a great fascination with exports and industrial exports in ...
COLOMBO (EconomyNext) - Sri Lanka's latest policy rate cut came when the currency was under pressure, when foreign reser...
COLOMBO (EconomyNext) - Sri Lanka new administration seems to be travelling on an increasingly risky path, stirring a deadly wi...
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