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Friday November 13th, 2026
Opinion

Sri Lanka's collapse in new sovereign default wave is not really China's fault: Bellwether

Mass sovereign default episode in the 1980s also followed a decade of bad money from the Fed

May 2, 2023 15 min read

Sri Lanka budget support IMF loans show worrying policy confusion : Bellwether

Converted budget support loans and conflicting PCs can lead to new external instability, discredit and derail reforms

April 18, 2023 13 min read

Sri Lanka's 'big match' fever is healing

There’s nothing ‘mad’ about March

March 16, 2023 5 min read

Sri Lanka tables controversial draft monetary law with multiple anchors

The new law appears to have brought back policy conflicts dropped in a previous amendment

March 9, 2023 12 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

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

Sri Lanka and Ecuador; a cautionary tale of the Rupee and Sucre: Bellwether

Fischer said if Ecuador has asked, IMF would have said it was not possible to dollarize as pre-conditions were not there

Bellwether
November 16, 2018 17 min read

EPF needs governance overhaul, proxy advisor, to invest in Sri Lanka stock market

Sri Lanka's Employees Provident Fund, a retirement fund of private sector workers managed by the state is about to re-en...

a Member of the EPF
October 16, 2018 7 min read

Sri Lanka risks instability, stagflation by being in unstable PISIn soft-peg group: Bellwether

Sri Lanka's permanent currency depreciation worsened by periods of greater weakness is putting the country in danger

Bellwether
October 15, 2018 16 min read

The knowhow path to Sri Lankan development

ECONOMYNEXT – Sri Lankans shouldn’t fear foreigners, says Ricardo Hausmann, a professor of economics at th...

Ricardo Hausmann
September 6, 2018 11 min read

Cardinal Goma, Upali thero and Sri Lanka's fascist nationalism: Bellwether

Ethno-religious fascist forces are again in the ascendancy in Sri Lanka helped by an economic downturn triggered by mone...

Bellwether
August 31, 2018 13 min read

Resolving emerging issues in central bank independence; Sri Lanka oration

The following is the full text of 68th anniversary oration of the Central Bank of Sri Lanka by W A Wijewardene a former ...

August 29, 2018 27 min read

What Sri Lanka can do to improve the credibility of its dollar soft-peg: Bellwether

Sri Lanka's Central Bank is forced to collect forex reserves to be able to pay off government debt when necessary and me...

Bellwether
August 6, 2018 11 min read

Sri Lanka is recovering, Central Bank threat looms: Bellwether

Sri Lanka is on a recovery path, and this is the time when commercial bank credit picks up, the Central Bank cuts rates ...

Bellwether
June 20, 2018 12 min read

Sri Lanka's devaluationist REER targeting is a tiger's tail

With the rupee hitting new lows against the US dollar, driven by a REER-targeting devaluationist policy to hurt wage ear...

Bellwether
May 31, 2018 10 min read

Sri Lanka needs real ministers, a real cabinet and a Prime Minister to play monitor: Bellwether

Corruption in Sri Lanka's governments is partly due to the lack of an independent public service and permanent secretari...

Bellwether
April 23, 2018 6 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

Economic reforms in Sri Lanka: Salvation or a recipe for inaction?

ECONOMYNEXT – Economic reforms have become an urgent need for Sri Lanka, with successive governments since indepe...

Kithmina Hewage& Harini Weerasekera
March 30, 2018 5 min read

Sri Lanka's UNP pays the price for currency depreciation, REER targeting: Bellwether

Sri Lanka's central bank and policymakers of the United National Party sowed the wind from 2015, printing money to destr...

Bellwether
March 23, 2018 18 min read
2

Sri Lanka's economic nationalism on tiles backfires on tea: Bellwether

Classical liberal economists have long argued that free trade leads to peace and economic nationalism and protectionism ...

Bellwether
February 9, 2018 7 min read

Sri Lanka – Singapore FTA: What it means for trade and investment flows

ECONOMYNEXT - The freshly-signed Sri Lankan-Singapore FTA (SLSFTA) marks a new milestone in the relations between the tw...

Janaka Wijayasiri and Kithmina Hewage
January 24, 2018 6 min read

Sri Lanka's Central Bank should sell own securities in new credit cycle: Bellwether

Sri Lanka's credit is now slowing (compared to total deposits raised), allowing the central bank to easily purchase doll...

Bellwether
December 27, 2017 7 min read

Shocking parallels in abolishing slavery and protectionist exploitation in Sri Lanka: Bellwether

A story doing round in Colombo these days is that when Sri Lanka's captains of rent - sorry industry - were asked about ...

Bellwether
December 4, 2017 11 min read

Sri Lanka's monetary policy and the way forward

December 2, 2017 32 min read

Sri Lanka police rush to learn sign language amid tapping claims

Senior police officers were scrambling to learn sign language following disclosures that the Inspector General of Police...

Namal Suvendra
November 30, 2017 2 min read

Sri Lanka's new trade policy has deadly Mercantilist myths: Bellwether

Sri Lanka's new trade policy published in the ministry of development strategies and international trade says a lot of h...

Bellwether
November 21, 2017 12 min read

Blow to Sri Lanka's first on-line workers

ECONOMYNEXT, Sri Lanka's government Tuesday slapped severe restrictions on the country's first on-line workers -- the to...

Namal Suvendra
November 1, 2017 2 min read