An Echelon Media Company
Friday November 13th, 2026
Opinion

Sri Lanka Treasury should buy its own dollars to settle debt and avoid second default

Sri Lanka has to de-risk the economy from inflationism to maintain stability

June 30, 2025 16 min read

What is wrong with Sri Lanka's flexible exchange rate

Sri Lanka flexible exchange rate gives profits to banks, losses to a nation

June 16, 2025 17 min read

Navigating Global Trade Shifts: Sri Lanka Exports for Global Success

On April 2nd, the US announced a 44% reciprocal tariff on Sri Lankan exports, based on scale of bilateral trade

June 5, 2025 4 min read

Vietnam to boost private sector as 'main driving force' while Sri Lanka sends mixed signals

Vietnam is also shrinking state workers by 20-pct to reduce the burden on the people

June 2, 2025 10 min read
Will Sri Lanka's central bank do a Dudley to Anura with rupee depreciation?

Unless nipped in the bud, currency depreciation will lead to political instability

How did Julie Chung shape U.S.-Sri Lanka relations amid turbulence?

Chung engaged in Sri Lanka for freedom of expression and to change anti US-sentiment narrative

Proposed Sri Lanka National Policy for Industrial Development: A commentary

Trade and industrial policies complement each other

December 6, 2021 24 min read

Easter Sunday blasts; an issue that the government wants to wish away

Pressure from various groups primarily the Catholic Church for answers rattles the government

Arjuna Ranawana
December 4, 2021 9 min read

Sri Lanka government heading into a perfect storm: Opinion

Protests over several issues including the Easter Sunday probe magnify economic troubles

Arjuna Ranawana
November 11, 2021 5 min read

Why the Sri Lanka rupee is depreciating creating currency crises: Bellwether

A Bellwether FAQ on the dangerous lack of note-issue banking know-how

Bellwether
November 9, 2021 27 min read
1

Civet Close Encounters

Midnight Rambler: Sympathy for the Devil in Your Garden

Mark Hager
October 29, 2021 8 min read

How Sri Lanka's IMF-backed 'Young Plan' fired a foreign debt death spiral: Bellwether

In all years with inflationary policy, debt after foreign reserves went up

Bellwether
September 16, 2021 18 min read

Sri Lanka's monetary meltdown will accelerate unless quick action is taken: Bellwether

Debt re-structuring to reduce gross financing needs will help

Bellwether
August 18, 2021 19 min read

Sri Lanka Minister follows Diocletian after printing money, but stops short of death penalty

Diocletian minted in copper in plenty what was scarce in silver, Sri Lanka is pumping liquidity in paper

Bellwether
August 13, 2021 5 min read

Sri Lanka economy bought to tipping point by monetary fallacies: Bellwether

Mercantilist fallacies have devasted countries at peace

Bellwether
August 11, 2021 21 min read

Military training: Misguided, Counterproductive, and Against Buddhist Values.

Skills cultivated through mindfulness include awareness, scientific observation, empathy, equanimity, and compassion.

Nipuna Kumbalathara.
July 31, 2021 7 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
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 to pick losers as omniscient elites drive interventionism to extremes: Bellwether

'A new type of superstition has got hold of people's minds, the worship of the state'

Bellwether
July 30, 2021 7 min read

Moratuwa vaccine hijack attempt: Sri Lanka police arrest mayor

Footage showed the Moratuwa MOH engaged in a heated argument with Fernando, objecting to his demeanour

Imesh Ranasinghe
May 28, 2021 2 min read

Sri Lanka's sovereignty and Port City Commission Bill - an analysis

Debate on the bill is scheduled for this week

May 18, 2021 12 min read

Sri Lanka state fails in the core business: administration of justice

Sri Lanka presents a façade of a functioning legal system

Rohan Samarajiva
May 14, 2021 12 min read

Sri Lanka fertilizer ban haphazard, modern tech, risk management the answer: researcher

Outright chemical fertilizer ban may have negative consequences

May 8, 2021 11 min read

Sri Lanka's central bank should guard against bankruptcy as Fed lights commodity fires

Sri Lanka's central bank is running out of reserves, a part of the remaining reserves are tied up in swaps, the country ...

Bellwether
April 19, 2021 25 min read

Sri Lanka's misguided state priorities and how to reset them

In the previous Arthashasthra columns, I showed that the Sri Lankan state’s priorities were all wrong; it was not doin...

Rohan Samarajiva
April 6, 2021 1 min read

What the Sri Lanka state should prioritize

Currently, the Sri Lankan state does many things, badly. Despite having a strong public health system and months to get...

Rohan Samarajiva
March 22, 2021 2 min read

Sri Lanka's Drug menace needs a new approach

Crime surrounding the increased use of hard drugs in Sri Lanka is a major societal and law and order concern, but are we...

Imesh Ranasinghe
March 17, 2021 8 min read

Sri Lanka import controls and their impact

Sri Lanka's import controls have created shortages and inflated prices giving profits to some domestic producers from fa...

March 17, 2021 3 min read