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Tag: central bank

“Crisis Outsourcing vs State Capacity”
ECONOMYMain Story

“Crisis Outsourcing vs State Capacity”

Outsourcing Sovereignty: When a Country Needs Consultants to Save It Sri Lanka did not just default in 2022. It revealed…

byCeylon Independent05/02/202605/02/2026
AT WHAT VALUE OF THE RUPEE WOULD THE CENTRAL BANK THINK IT NEEDS TO STOP THE DEPRECIATION? AT 200? OR 250? OR 300?
OPINIONS

AT WHAT VALUE OF THE RUPEE WOULD THE CENTRAL BANK THINK IT NEEDS TO STOP THE DEPRECIATION? AT 200? OR 250? OR 300?

A Response from Ajith Nivard Cabraal, former Governor of the Central Bank.   In Aesop’s Fables’ “The Fox and the…

byAdmin13/10/2018
POLITICAL PALPITATIONS UNLIKELY TO CAUSE LASTING CHANGES WITHIN POLITICS
Main StoryOPINIONS

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…

byAdmin12/10/201812/10/2018
Sri Lankan rupee plunges further low
BUSINESS

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,…

byFaraz Shauketaly17/09/2018
EPF to return to stock market
BUSINESSMain Story

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…

byFaraz Shauketaly29/08/201829/08/2018
Central Bank commences compensation payments to insured depositors of CIFL
BUSINESS

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…

byFaraz Shauketaly28/08/2018
Commercial Bank conducts Financial Literacy Program for Green Leaf suppliers
BUSINESS

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…

byFaraz Shauketaly20/08/2018
CB downgrades 2018 growth forecast
BUSINESSMain Story

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…

byFaraz Shauketaly06/08/201806/08/2018
Central Bank cancels license issued to Standard Credit Finance Limited, will take legal action
BUSINESS

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…

byFaraz Shauketaly26/07/2018
Sri Lanka’s manufacturing sector slows down while services sector grows in June 2018
BUSINESS

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…

byFaraz Shauketaly18/07/2018

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