An Echelon Media Company
Friday November 13th, 2026
Opinion

Sri Lanka central bank caught between peg and hard place

Care should be taken to make sure that excess liquidity does not re-emerge from fictitious capital

January 19, 2023 8 min read

Sri Lanka's economic crisis and COVID-19 pandemic reverses progress in SDGs - IPS

"Financing SDGs has become the biggest challenge for Sri Lanka"

January 13, 2023 8 min read

Call to liberalize Sri Lanka shipping for export competitive economy

Singapore has 5,000 shipping agencies and have 140 shipping lines headquarters

January 4, 2023 4 min read

Sri Lanka’s sorry record on protecting Free Expression

The aragalaya has a lit a lamp for free expression

December 30, 2022 10 min read
Sri Lanka 'single' policy rate signals interbank rates to stay up

Sri Lanka does not actually have a single policy rate like the Bank of England now

How Taiwan avoided Sri Lanka's fate to become an export powerhouse

By the 1950s academics in US and UK had rejected economics of Hume, Ricardo and Smith, becoming branches without a tree

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
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

Lessons for Sri Lanka as Trump, Brexiters ride nationalist hate wave in the West: Bellwether

Nationalist hate is once again rising in the West, as shown by Brexit and Donald Trump amid an economic downturn while S...

Bellwether
December 14, 2016 9 min read

Sri Lanka crop insurance held back by farmer ignorance, lack of data

Although some crop insurance programmes are available in Sri Lanka, many farmers are unaware of its benefits or how to u...

November 23, 2016 6 min read

Sri Lanka should never again demonetize like India, giving reasons to trust the dollar: Bellwether

India's rulers suddenly demonetised 500 and 1000 rupee notes on November 08, making them valueless, supposedly to draw '...

Bellwether
November 9, 2016 5 min read

Sri Lanka's prerogative tax impunity checked in Magna Carta moment

When King John imposed yet another scutage, the main tax of the times that was the basis of a feudal serfdom, on the bar...

Bellwether
November 7, 2016 7 min read

Duminda to become Sri Lanka's 21st century 'Madduma Bandara'

Politician and convicted murderer Duminda Silva is widely expected to follow in the footsteps of a Sinhala legend Maddum...

Namal Suvendra
September 13, 2016 2 min read

Sri Lanka should beware of false claims over 'undervalued' East Asia currencies

Sri Lanka's new Central Bank Governor Indrajit Coomaraswamy has correctly identified the fundamental problem with the co...

Bellwether
September 1, 2016 13 min read

Will Sri Lanka's real budget deficit please stand up

Sri Lanka's budget deficit for 2015 is supposed to be Rs829.5 billion or 7.4 percent of gross domestic product. But ther...

Bellwether
August 11, 2016 3 min read

Benefits of a free trade agreement between Sri Lanka and Singapore

Singapore and Sri Lanka officially launched negotiations for a FTA by the respective trade ministers on 18th July 2016; ...

Janaka Wijayasiri and Abhinav Pandey
July 20, 2016 6 min read

Sri Lanka reporters drive fear into President, PM at Central Bank

Sri Lanka's President and Prime Minister are known to mingle freely with crowds with minimal security at former war zone...

Namal Suvendra
June 29, 2016 2 min read
1

Sri Lanka LNG moves undermine governance; energy security: Bellwether

ECONOMYNEXT - Sri lanka’s rulers are once again blocking coal, the cheapest source of electricity, driven by powe...

Bellwether
June 20, 2016 11 min read