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Friday August 19th, 2022
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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
A flexible exchange rate fails because it is not rule bound
While Sri Lanka defeated the Tamil Tigers in 2009 and the Coronavirus in 2020 – the battle is not yet over – it is r...
Sri Lanka's per person gross domestic product had dropped 227 dollars to 3,852 dollars in 2019 after a the latest curren...
When the government changes ground rules and conditions or the operating regime suddenly, like in Sri Lanka, it is very ...
Sri Lanka will face credit downgrades and possible sovereign default of dollar debt unless the highly unstable discretio...
Sri Lanka had stability until July 2019 with cash withdrawn by the central bank to keep a soft-peg with the US dollar un...
Finance Minister Mangala Samaraweera started a price formula in 2018 May just as fuel price started to spike, but the Ce...
The collapse of Sri Lanka's soft-pegged rupee, partly due to policy errors of the Central Bank and partly due to the fal...
In Sri Lanka, indoctrination and hate targeting communities not considered to be the 'core-nation' as defined in ethno-r...
Sri Lanka's should phase out term repurchase deals now that bank credit has slowed, allowing the central bank to be a ne...
Sri Lanka's Central Bank which has printed tens of billions of rupees in 2018 to boost economic activity artificially ju...
| Latest | Last | |
|---|---|---|
| US Dollar | 368.7200 | 368.7038 |
| UK Pound | 441.2085 | 445.9100 |
| Euro | 373.6891 | 377.2130 |
| Aus Dollar | 257.1230 | 257.8056 |
| Yen | 2.7200 | 2.7465 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.5261 | 4.5461 |
| Korea Won | 0.2720 | 0.2742 |
| Oman Rial | 937.6502 | 937.5808 |
| Saudi Riyal | 98.2393 | 96.1467 |
| UAE Dirham | 98.2821 | 98.2748 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,963.95 | 0.05% |
| CSE All Share | 8,975.75 | 0.73% |
| Turnover Rs million | 3,154,358,876.30 | 2,721,321,235 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 26.11 | 26.24 |
| 6-m bill | 27.06 | 26.52 |
| 12-m bill | 27.87 | 27.36 |
| 5-yr bond | 24.19 | 23.86 |
| 8-yr bond | 24.68 | 24.21 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Sri Lanka is going from boom-bust to bust-bust in this credit cycle despite the injection of excess demand into the econ...
Sri Lanka's toiling workers in the private sector who stand on their own feet are an unfortunate lot, caught between a n...
In 2018 instability generated by an inconsistent monetary policy framework not only killed a nascent economic recovery t...
Sri Lanka's United National Party has well and truly lost its reputation for economic management during three and a half...
There are pronouncements that Sri Lanka is like Greece from both sides of the political divide, but that is not correct.
Sri Lanka'S rupee has fallen with amid two liquidity spikes in 2018 just as the economy started to recover, underlining ...
Sri Lanka's permanent currency depreciation worsened by periods of greater weakness is putting the country in the danger...
Ethno-religious fascist forces are again in the ascendancy in Sri Lanka helped by an economic downturn triggered by mone...
Sri Lanka's Central Bank is forced to collect forex reserves to be able to pay off government debt when necessary and me...
Sri Lanka is on a recovery path, and this is the time when commercial bank credit picks up, the Central Bank cuts rates ...
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