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Friday November 13th, 2026
Opinion

Sri Lanka's central bank crisis and John Exter's about face on hard pegs: Bellwether

In 1968 with Bretton Woods soft-peg hanging on a thread, advantages of currency board had become clear

December 15, 2022 7 min read

Sri Lanka speaker signs constitutional amendment into law

Aims to make the public service more independent

October 31, 2022 1 min read

Sri Lanka's tragedy and the lost wisdom of D S Senanayake on money printing

That BOP deficits and reserve losses are caused by money printing is now hidden and victims are blamed

October 24, 2022 9 min read

Sri Aurobindo: Mystical Awareness Supplants Production

In India, religion and socialism commingle and collide.

October 7, 2022 35 min read
Unfinished pursuit of justice in Sri Lanka’s Easter Sunday attack

Sri Lanka yet to reveal the mystery behind the carnage that mostly killed Christians

Monetary policy for a small open economy like Sri Lanka

These challenges necessitate a reassessment of the relative roles of monetary and fiscal policy

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
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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
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 FDI: Proactive investor facilitation needed

ECONOMYNEXT - Investment promotion and facilitation are also considered to be vital pull factors to attract investment, ...

Suwendrani Jayaratne and Raveen Ekanayake
May 29, 2016 6 min read

Sri Lanka's state aristocracy by popular vote; 'King' unware of tax by 'Royal Prerogative'

ECONOMYNEXT - Sri Lanka's taxation by 'Royal Prerogative' progressively built by the elected ruling class and bureaucrat...

Bellwether
May 16, 2016 7 min read

TPP could lead to trade diversion from Sri Lanka

ECONOMYNEXT – The Trans-Pacific Partnership (TPP) has the potential to result in trade diversion from Sri Lanka, ...

Janaka Wijayasiri and Nipuni Perera
May 10, 2016 6 min read

Sri Lanka value added tax on healthcare is unconscionable

ECONOMYNEXTY - One is not against the imposition of VAT so long as essential commodities and public utilities are taxed ...

Ravi Abeysuriya
May 9, 2016 6 min read

Sri Lanka’s entrepreneurial activity up in 2015

ECONOMYNEXT - Sri Lanka’s overall macroeconomic conditions deteriorated in 2015. With the government adopting exp...

Indika Hettiarachchi
May 2, 2016 4 min read

Turning Sri Lanka's external trade towards global production networks

Institute of Policy Studies, a Colombo-based think tank, in this op-ed explores the opportunities and challenges faced b...

Kithmina Hewage and Raveen Ekanayake
April 12, 2016 7 min read

Inside an IMF deal; Sri Lanka needs monetary reform not just fiscal plaster: Bellwether

ECONOMYNEXT - With interest rates already higher which will go some way to correct monetary excesses of central bank and...

April 4, 2016 10 min read

Sri Lanka should not tax capital gains retrospectively: Bellwether

ECONOMYNEXT - Sri Lanka has announced plans to charge capital gains tax and the proposal to tax shares has created uncer...

Bellwether
March 16, 2016 6 min read

Sri Lanka's economy in 2016; limping to stability from a runaway budget: Bellwether

ECONOMYNEXT - Sri Lanka is fearing more economic instability in 2016 with little being done to fix budget that went off ...

Bellwether
March 6, 2016 11 min read

Sri Lanka police in unique move to tackle rising road fatalities

ECONOMYNEXT - After failing to implement basic lane discipline, Sri Lanka's police has come up with a unique way to redu...

Namal Suvendra
March 5, 2016 3 min read