A Response from Ajith Nivard Cabraal, former Governor of the Central Bank. In Aesop’s Fables’ “The Fox and the Grapes”, the fox, when it
Tag: central bank
POLITICAL PALPITATIONS UNLIKELY TO CAUSE LASTING CHANGES WITHIN POLITICS
Sirisena’s meetings seen as exploratory, MR & Co continue to observe whilst Central Bank Governor comes under fire. The political minefield in Sri Lanka
Sri Lankan rupee plunges further low
Sri Lankan Rupee plunges further to a new low against the US Dollar as the selling pries reaches Rs 165.14, reports Central bank of Sri
EPF to return to stock market
Dr. Indrajit Coomaraswamy CB chief insists transparency and accountability improved sufficiently in trading guidelines Challenges of new Foreign Exchange Act to be taken up with Govt.
Central Bank commences compensation payments to insured depositors of CIFL
The Central Bank of Sri Lanka Monday announced that the compensation payments for insured depositors of Central Investments and Finance PLC (CIFL) will be paid
Commercial Bank conducts Financial Literacy Program for Green Leaf suppliers
Commercial Bank of Ceylon in collaboration with Central Bank of Sri Lanka recently conducted two Financial Literacy Programs in Nawalapitiya for Green Leaf suppliers. A
CB downgrades 2018 growth forecast
Now expects 2018 to end with 4% growth lower from 4.5% forecast earlier 1H growth 3.5%; expects second half to hit 4.6%, Keeps policy rates
Central Bank cancels license issued to Standard Credit Finance Limited, will take legal action
The Monetary Board of the Central Bank of Sri Lanka, has decided to cancel the License issued to Standard Credit Finance Limited under the Finance
Sri Lanka’s manufacturing sector slows down while services sector grows in June 2018
Sri Lanka’s manufacturing sector slowed down in June 2018, compared to the previous month, while the Services Sector expanded albeit slowly, the Central Bank’s Purchasing
Probe into MR’s Presidential campaign funds still on: PM
Prime Minister Ranil Wickremesinghe yesterday denied any suspension of investigations into alleged transfer of funds during the 2015 presidential election, a statement made by the