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Friday November 13th, 2026
Opinion

Sri Lanka set to continue 73 years of monetary instability with pseudo inflation targeting law

The inclusion of extensive macro-prudential laws is an admission that money is bad

March 1, 2023 12 min read

Sri Lanka ports, airports made essential services

A strike planned on March 01

February 28, 2023 1 min read

IMF should approve Sri Lanka deal, devise bi-lateral debt-restructuring clause

IMF should stop the promotion of impossible trinity regimes with spurious claims to monetary policy independence

February 28, 2023 12 min read

How Sri Lanka rejected Singapore monetary advice and politicians, people paid the price

Call from Goh, Shenoy to provide sound money discarded in favour of depreciation, flexible regimes

February 9, 2023 14 min read
Sri Lanka should sell floating rate bonds to balance long term risks

True undated securities may be too ambitions but a start could be made with 5 to 10 year securities

Tariff wars lead to real wars: Sri Lanka economist on economic nationalism

Import tariffs also helped direct anger of the local population against foreigners

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
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 can improve on 94 position in Economic Freedom Index

As Sri Lanka celebrates the enormous benefits brought forward by four decades of the open economy, Advocata Institute lo...

October 11, 2017 5 min read

Tuk-tuk, school van regulation in Sri Lanka can create a bus-style fiasco - Bellwether

Sri Lanka’s rulers and bureaucrats are planning to poke their itchy interventionist fingers on taxis and school v...

Bellwether
September 25, 2017 16 min read

A critical appraisal of Sri Lanka's Vision 2025

ECONOMYNEXT - "Our vision is to make Sri Lanka a rich country by 2025. We will do so by transforming Sri Lanka into the hu...

Rohan Samarajiva
September 12, 2017 6 min read

Sri Lanka may be heading for a triple anchor, 'inflation targeting' oxymoron: Bellwether

Under planned ‘flexible inflation targeting’, Sri Lanka is supposed to target an inflation index, intervene...

Bellwether
August 28, 2017 23 min read

Protectionist taxes plunder the weak, destroying potential new jobs in Sri Lanka

Sri Lanka is planning an 'anti-dumping' law to protect businessmen from exercising their power in markets. Anti-dumping ...

Bellwether
July 14, 2017 10 min read

Sri Lanka's Weimar Republic factor is inviting dollar sovereign default: Bellwether

A grave new risk had emerged to Sri Lanka's monetary stability and sovereign credit with the Treasury pressuring the cen...

Bellwether
May 26, 2017 13 min read

Sri Lanka's foreign debt reliance

The Sri Lankan economy appears to be enmeshed in a growing debt overhang. The latest figures released in the Central Ban...

Dushni Weerakoon
May 2, 2017 4 min read

Sri Lanka haunted by illiberal ghosts of Mahinda Chinthana amid drought

Sri Lanka is facing several headwinds, amid talk of an impending economic crisis, which is coming from excessive relianc...

April 4, 2017 13 min read

Sri Lanka's milch cow of an improvident state: a nightmare central bank prophesy that came true

.

Bellwether
March 3, 2017 13 min read

Deadly interventions from Sri Lanka's Yahapalanomics vie with Trumponomics: Bellwether

Sri Lanka’s Yahapalanaya administration has tarnished the United National Party’s reputation for good econ...

Bellwether
February 6, 2017 11 min read