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Sunday December 3rd, 2023
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Countries where inflationists cannot engage in macro-economic policy with money printing have low debt
Law will arbitrate on the truth or otherwise of various statements published online
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
Our police correspondent examines the crisis in the department
High direct tax rates, capital consumption taxes, are not a substitute for monetary stability
Singapore has 5,000 shipping agencies and have 140 shipping lines headquarters
The aragalaya has a lit a lamp for free expression
In 1968 with Bretton Woods soft-peg hanging on a thread, advantages of currency board had become clear
Aims to make the public service more independent
That BOP deficits and reserve losses are caused by money printing is now hidden and victims are blamed
In India, religion and socialism commingle and collide.
"The cabinet will be briefed very soon once he received all the details."
Fear of a DDR/IFR event drive rates even higher
Indian billion dollar credit line also works Undiyal fashion
A series of detailed proposals
| Latest | Last | |
|---|---|---|
| US Dollar | 330.2942 | 315.1016 |
| UK Pound | 429.0139 | 401.1871 |
| Euro | 372.1704 | 343.1959 |
| Aus Dollar | 227.2526 | 211.5951 |
| Yen | 2.3820 | 2.1908 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
It is through open market operations that money is printed to mis-target interest rates
The absolute discretion to print money through flexible inflation targeting cum output gap targeting has to be blocked
Forcing food importers to use LCs can create food shortages.
Led by garment exports Bangladesh graduating from Least Developed status
The latest viral video is a Sinhala version of the anti-Fascist Anthem known by its original Italian title BellaCia
Steep rate hikes are needed to save the rupee
A flexible exchange rate fails because it is not rule bound
Monetary fiscal co-ordination comes from an International Monetary Fund
Sterilized currency defence, without an accompanying rise in rates, spells disaster
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