An Echelon Media Company
Friday November 13th, 2026
Opinion

Sri Lanka's tax administration and justice - from revenue to repression

In one case matters 15 years old were raised. He ultimately simplified his affairs, and retreated from active business

March 2, 2026 18 min read

Sri Lanka after IEEPA: Navigating tariffs in a volatile US trade environment

IPS analyses the status of US tariffs on Sri Lankan exports, especially following the recent US Supreme Court judgement

February 27, 2026 6 min read

Sri Lanka should terminate CB swaps, lock in foreign reserves bought outright

More closely the single policy rate is targeted the, the bigger the crisis Sri Lanka will have

February 27, 2026 9 min read

Sri Lanka's choices in unsound money and inflation in historical context with Lawrence White

How did money become so bad and so unstable in this century

February 12, 2026 34 min read
Unit trusts offer Sri Lanka investors a 'financial smoothie': JB Financial

How to protect your wealth from rising inflation with unit trusts and diversification

EXPLAINER – Ripple effect of sharp depreciation of Sri Lanka rupee

The rupee currency has fallen more than 5 percent so far this year

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

Bellwether
April 29, 2025 14 min read

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

Bellwether
April 21, 2025 11 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

Shihar Aneez
April 20, 2025 4 min read

Monetary policy for a small open economy like Sri Lanka

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

Ravi Ratnasabapathy
April 15, 2025 29 min read

Sri Lanka faces default risks after abandoning scarce reserve system

There are several red flags and one green one

Bellwether
April 14, 2025 13 min read

Three years at a thankless task in Sri Lanka

At this treacherous hour, three years ago to this very day, two sons of Lanka answered her call

Krishantha Prasad Cooray
April 10, 2025 3 min read

Sri Lanka should stop blocking export diversification, victimizing services after Trump tariff

There are quick fixes and numerous longer term reforms that can fundamentally change the country

Bellwether
April 7, 2025 10 min read

Sri Lanka current account turns to deficit in 4Q after printing money

The 4Q events were a dress rehearsal of what would happen later when private credit picks up

Bellwether
March 30, 2025 6 min read

Electoral reform and abolishing the executive presidency in Sri Lanka

Abolition was a central plank of the platform of the National People’s Power (NPP) at the 2024 presidential elections ...

Jayampathy Wickramaratne, President’s Counsel
February 27, 2025 9 min read

Sri Lanka's central bank totally mistaken on 'single' Bank of England rate

There no political policy rate, single or otherwise during periods of stability and growth when good money was provided

Bellwether
February 13, 2025 13 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

How to avoid Sri Lanka rice shortages, made by government controls

Food prices go up due to a combination of government controls and also money printing

Bellwether
January 6, 2025 9 min read
1

Karl Marx, Engels would have approved Sri Lanka rice imports for working class: analysis

To impose protective duties on foreign corn is infamous, it is to speculate on the famine of peoples

December 15, 2024 6 min read

Sri Lanka vehicle imports not a threat to rupee but inflationary open market operations will be

Trade cannot cause monetary troubles. Monetary troubles are caused by flawed 'monetary policy'.

Bellwether
December 12, 2024 18 min read
1

Sri Lanka can cut floor rate, but targeting 'dysfunctional' call market will lead to trouble

Sri Lanka can cut or remove policy floor but should not print money for a mid corridor or single rate

Bellwether
November 25, 2024 13 min read

Sri Lanka could negotiate tax credits for dependents, medical with IMF

Cutting VAT without changing the law to display tax separately may lead to them from being pocketed by businesses

Bellwether
November 20, 2024 10 min read

Sri Lanka parliamentary polls show unity among ethnic, religious groups, but weaker opposition

Unprecedented two-third majority for Dissanayake's NPP.

November 15, 2024 4 min read
1

Sri Lanka prints Rs100bn through open market operations

A central bank with 'instrument independence' can print money at will

Bellwether
October 27, 2024 10 min read
1

IMF report brings dedollarization politics to Sri Lanka

Dedollarization and monetary policy modernization could turn the latest export powerhouse, Cambodia into a Sri Lanka

Bellwether
October 7, 2024 7 min read

Ambassador to Sri Lanka speaks on Japan's economic transformation: full text

Under the occupation, Japan embarked on a transformative journey, witnessing profound reforms

October 3, 2024 19 min read

In Sri Lanka deflation was common before the policy rate, IMF Second Amendment: Bellwether

Sri Lanka's inflation was the same as the US, before IMF's Second Amendment misled macroeconomists into bad anchors

October 1, 2024 6 min read
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