Notable
It is through open market operations that money is printed to mis-target interest rates
The absolute discretion to print money through flexible inflation targeting cum output gap targeting has to be blocked
Forcing food importers to use LCs can create food shortages.
There are quick fixes and numerous longer term reforms that can fundamentally change the country
The 4Q events were a dress rehearsal of what would happen later when private credit picks up
ECONOMYNEXT - A Hungarian camerawoman trips a desperate Syrian refugee running into the country across the border with h...
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(Pathfinder) The Maritime Silk Road (MSR) and Economic Belt policy initiatives unveiled by President Xi Jinping in 2013 ...
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Pathfinder Foundation, a Colombo-based think tank has outlined some of the requirements to make Sri Lanka financial cent...
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When the sun never set on the British Empire, the currencies of the British Colonies were issued under the CBS. This pro...
Branded or 'original' drugs are much cheaper in this country than in their home markets in the US and Western Europe
| 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 | - | - |
ECONOMYNEXT - Listed debentures have mushroomed over the last two years after the State made them tax free in an attempt...
ECONOMYNEXT - Indian mega star Sachin Tendulkar is pushing a major sanitation drive in Sri Lanka encouraging children to...
ECONOMYNEXT - Reserve Bank of India Governor Raghuram Rajan dealt a decisive blow to interventionist criticism of Japan'...
ECONOMYNEXT - The new United National Party led administration got off to a bad start in January in public finance, viol...
ECONOMYNEXT - Sri Lanka's BOP episode moved into a second stage where liquidity gradually reduced as the Central Bank re...
ECONOMYNEXT - Though many countries have shifted from agriculture to industry and then services in their growth process,...
ECONOMYNEXT - Sri Lanka's new parliament will have a motley collection that will include a monk, a murder suspect, a mis...
ECONOMYNEXT - Sri Lanka's rulers have long mis-used taxes collected from some people to give jobs to others in a dog-eat...
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ECONOMYNEXT - Former president Mahinda Rajapaksa's lavish policy document was launched at a red-carpet ceremony in Colom...
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