Notable
Reports of ships failing to call at Colombo because of potential delays in the Port of Colombo, are a major concern
Women leaders who hold political positions need proper training and recognition to maintain leadership positions
Spreading cost-push Mercantilism may help macro-economists escape accountability but it will not help the masses
Reforms to tackle rigidities in land, labour markets or opening up to trade, investment help improve resource allocation
Qatar and Dubai protected their money from macro-economists in 1966
The current account surplus allowed a part of the capex to be financed with taxes for the first time since 1987
Before the Second Amendment IMF could
Science is learning more and more about how these astonishing animals came to exist in the first place
Tax slabs should keep pace with inflation, dependent allowances should be considered
Deficits do not rise much in the year that a currency crisis is triggered, but in the stabilization year
Targeting GDP with easy money dates back to Scottish Mercantilist John Law and fully flexible policy to James Steuart.
Our police correspondent examines the crisis in the department
High direct tax rates, capital consumption taxes, are not a substitute for monetary stability
.
Marxist Critic of Gandhi Becomes an Adherent, But Finally Finds Transformational State Power Indispensable
Countries where inflationists cannot engage in macro-economic policy with money printing have low debt
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 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 | - | - |
Law will arbitrate on the truth or otherwise of various statements published online
It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency
The amendment was published on the government gazette on July 17
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
From his axiom of ahimsa (non-violence), Gandhi derives two promising themes...
Mass sovereign default episode in the 1980s also followed a decade of bad money from the Fed
Converted budget support loans and conflicting PCs can lead to new external instability, discredit and derail reforms
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