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Monday November 9th, 2026
Bellwether

Sri Lanka's collapse in new sovereign default wave is not really China's fault: Bellwether

Mass sovereign default episode in the 1980s also followed a decade of bad money from the Fed

May 2, 2023 15 min read

Sri Lanka budget support IMF loans show worrying policy confusion : Bellwether

Converted budget support loans and conflicting PCs can lead to new external instability, discredit and derail reforms

April 18, 2023 13 min read

Sri Lanka tables controversial draft monetary law with multiple anchors

The new law appears to have brought back policy conflicts dropped in a previous amendment

March 9, 2023 12 min read

Sri Lanka set to continue 73 years of monetary instability with pseudo inflation targeting law

The inclusion of extensive macro-prudential laws is an admission that money is bad

March 1, 2023 12 min read
Sri Lanka could negotiate tax credits for dependents, medical with IMF

Cutting VAT without changing the law to display tax separately may lead to them from being pocketed by businesses

Sri Lanka prints Rs100bn through open market operations

A central bank with 'instrument independence' can print money at will

Sri Lanka's pharma control Neros fiddling while Colombo burns with falling rupee

Branded or 'original' drugs are much cheaper in this country than in their home markets in the US and Western Europe

Bellwether
November 4, 2015 18 min read
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Tax breaks for Sri Lanka listed debt may generate high risk bubble

ECONOMYNEXT - Listed debentures have mushroomed over the last two years after the State made them tax free in an attempt...

Bellwether
October 14, 2015 7 min read

Raghuram Rajan bares Japan deflation paper tiger in Sri Lanka oration

ECONOMYNEXT - Reserve Bank of India Governor Raghuram Rajan dealt a decisive blow to interventionist criticism of Japan'...

Bellwether
October 6, 2015 5 min read

Sri Lanka's fiscal tyranny by midnight gazette, retrospective taxes must end

ECONOMYNEXT - The new United National Party led administration got off to a bad start in January in public finance, viol...

Bellwether
September 21, 2015 6 min read

Sri Lanka BOP episode update: Bellwether

ECONOMYNEXT - Sri Lanka's BOP episode moved into a second stage where liquidity gradually reduced as the Central Bank re...

Bellwether
September 4, 2015 4 min read

Sri Lanka BOP pressure gains traction; lessons from Greece: Bellwether

ECONOMYNEXT - Sri Lanka is now proceeding steadily into greater balance of payments pressure, with some mild signs of de...

Bellwether
August 11, 2015 15 min read

Sri Lanka knocks hard at BOP crisis door: Bellwether

ECONOMYNEXT - Sri Lanka is now knocking at the door of a balance of payments crisis and for all intents and purposes see...

Bellwether
July 10, 2015 15 min read

Sri Lanka need not be overly fascinated with industrial manufacture or exports - Bellwether

ECONOMYNEXT - Sri Lankan policy makers and commentators have a great fascination with exports and industrial exports in ...

Bellwether
June 30, 2015 12 min read

Sri Lanka on a risky pro-cyclical path as credit expands: Bellwether

COLOMBO (EconomyNext) - Sri Lanka's latest policy rate cut came when the currency was under pressure, when foreign reser...

May 15, 2015 12 min read

Sri Lanka heading for Sozialpolitik not a social market economy : Bellwether

COLOMBO (EconomyNext) - Sri Lanka new administration seems to be travelling on an increasingly risky path, stirring a deadly wi...

Bellwether
April 20, 2015 9 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka should stop surrendering Treasury dollar inflows to the Central Bank: Bellwether

COLOMBO (EconomyNext) – Sri Lanka should immediately halt the practice of surrendering government foreign loan pr...

Bellwether
March 27, 2015 10 min read

Sri Lanka needs Central Bank reforms for a Social Market Economy: Bellwether

COLOMBO (EconomyNext) - Harsha de Silva, who is deputy minister of Policy Development an Economic Affairs in the Maithri...

Bellwether
February 16, 2015 11 min read

Great Moderation 2.0: The Russian ruble, Sri Lanka's tea and rubber: Bellwether

COLOMBO (EconomyNext) - Oil prices are plunging, the Russian ruble is crashing, the free floating Aussie and Loonie is a...

Bellwether
February 5, 2015 4 min read

Sri Lanka may lose forex reserve beauty contest amid ultra-low interest rates: Bellwether

Sri Lanka has seen its foreign reserves grow back to record volumes over the past two years as domestic credit slowed, b...

Bellwether
December 26, 2014 8 min read

Sri Lanka drifts from Ernährungsautarkie to Zwangswirtshaft in 2015 budget: Bellwether

Sri Lanka's 2015 budget decree on supermarkets preventing them from asking for more than a 25 percent discount from suppliers m...

December 18, 2014 11 min read

Sri Lanka in danger of travelling the PIGS path with low nominal interest rates: Bellwether

The results of the Uva provincial elections show that major gains have been made by the opposition United National Party...

Bellwether
November 2, 2014 12 min read

Toxic gold loans, Fed actions and Sri Lanka's policy conundrum

COLOMBO - (EconomyNext) - Credit contracted in absolute terms in the first quarter of this year partly due to defaults i...

November 1, 2014 5 min read

Lessons for Sri Lanka from Hong Kong's positive non-intervention: Bellwether

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Bellwether
November 1, 2014 12 min read
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