Notable
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...
Sri Lanka has to de-risk the economy from inflationism to maintain stability
Sri Lanka flexible exchange rate gives profits to banks, losses to a nation
Terror takes tolerance hostage. The purpose of terror is to undermine our tolerant way of life. What motivates the perpe...
In the aftermath of the Easter Sunday tragedy, there is something we all tend to overlook - something that reveals a bli...
Officials had the information but did nothing to prevent attacks because minorities don't matter
Sri Lanka is going from boom-bust to bust-bust in this credit cycle despite the injection of excess demand into the econ...
At the World Telecommunication/ICT Symposium (WTIS) held in Geneva, December 2018, there was a panel dedicated to afford...
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...
China holds approximately 9% of Sri Lanka’s total outstanding debt as of 2017, and 14% amongst bilateral lenders ...
There are pronouncements that Sri Lanka is like Greece from both sides of the political divide, but that is not correct.
| 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 | - | - |
Fischer said if Ecuador has asked, IMF would have said it was not possible to dollarize as pre-conditions were not there
Sri Lanka's Employees Provident Fund, a retirement fund of private sector workers managed by the state is about to re-en...
Sri Lanka's permanent currency depreciation worsened by periods of greater weakness is putting the country in danger
ECONOMYNEXT – Sri Lankans shouldn’t fear foreigners, says Ricardo Hausmann, a professor of economics at th...
Ethno-religious fascist forces are again in the ascendancy in Sri Lanka helped by an economic downturn triggered by mone...
The following is the full text of 68th anniversary oration of the Central Bank of Sri Lanka by W A Wijewardene a former ...
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 ...
With the rupee hitting new lows against the US dollar, driven by a REER-targeting devaluationist policy to hurt wage ear...
Corruption in Sri Lanka's governments is partly due to the lack of an independent public service and permanent secretari...
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read