Sri Lanka Central Bank clarifies how gross official reserves were utilized
Sri Lanka’s Central Bank yesterday clarifying the status of the country’s gross official reserves said not only borrowings but also…
Tag: central bank
Sri Lanka Central Bank determined to curb unwarranted depreciation of the rupee
Sri Lanka’s Central Bank says it is determined to curb unwarranted depreciation of the rupee since the underlying fundamentals do…
Rupee’s dip persists
The rupee hit a record low of 158.20 per dollar on Tuesday after the central bank chief said the currency…
National Economic Council to hold workshop on government’s economic plan
President Maithripala Sirisena has asked the National Economic Council (NEC) to hold a special one-day workshop on the government’s comprehensive…
Sri Lanka maintains policy rates to sustain inflation at mid-single digit levels
Sri Lanka’s Central Bank releasing the monetary policy review on Friday said based on the current developments and outlook for…
Sri Lankan court allows former Central Bank Governor’s bank accounts to be probed
A Sri Lankan court today allowed the Financial Crimes Investigation Division (FCID) of police to investigate the bank accounts of…
‘Swashakthi’ loan scheme provides Rs. 2.2 billion of loans in 2017 for SME startups
Under the ‘Swashakthi’ loan scheme launched by the Government with the objective of creating a new generation of small and…
IMF satisfied with SL but urges greater progress
End-December 2017 quantitative performance criteria under three-year Extended Fund Facility program met Says Govt. has successfully advanced fiscal consolidation and strengthened international…
Sri Lanka Central Bank cautions on Virtual Currencies
Sri Lanka’s Central Bank said while the Bank is aware of the growing interest in virtual currencies both domestically and…
Big demand from global investors for SL’s mega $ 2.5 b Sovereign Bond
$ 1.25 b each 5- and 10-year tenure offerings draw $ 6.5 b bids from over 400 investors Over 65% of…