Opinion: Government heavy-handedness to blame for our currency woes
By Vinuja Singharachchige: Much is being said nowadays about the pressures the Sri Lankan Rupee is facing, but it is important that we understand the mechanics …
By Vinuja Singharachchige: Much is being said nowadays about the pressures the Sri Lankan Rupee is facing, but it is important that we understand the mechanics …
The Monetary Board has issued an order on maximum interest rates to be paid in respect of foreign currency deposit products of licensed commercial banks and …
Sri Lanka's Central Bank says that with the receipt of recent inflows, the official reserves position has now reached around US dollars 3.1 billion, and is …
The Central Bank says that the measures being taken at present will ensure that by end of 2021 official reserves will remain above US dollars 3 billion. …
Statement issued by the following Institutions: We wish to draw the attention of the Government to the difficulties faced by our member companies and the …
In response to several complaints that certain Authorized Money Changers are engaged in activities which are not in compliance with the Directions issued under …
Sri Lanka’s official reserve assets were 1.6 billion US dollars (USD 1,587. buy furosemide online rxxbuynoprescriptiononline.net/dir/furosemide.html no …
The Monetary Board of the Central Bank has decided to pay an incentive of Rs. 8.00 per US dollar for workers’ remittances, in addition to the existing …
The opposition alleged in Parliament that foreign reserves have dropped to US 1.5 billion dollars which included the gold reserves of US 300 million dollars. …
Sri Lanka's Central Bank expects gross official reserves to remain at around USD 3.5 bn at the end of 2021, and around USD 4.0 bn on average in 2022. Releasing …
Sri Lanka to introduce an incentive package for migrant workers, which includes pension/superannuation benefits, accident/life insurance benefits, banking …
Sri Lanka's Central Bank emphasizes that inward remittances by Sri Lankan expatriates, which are not considered as services exports, will not be subjected to …
Sri Lanka’s official reserves were 2.3 billion US dollars (USD 2,267.5mn) by the end of October, down from 2.buy doxycycline online buy doxycycline online no …
Sri Lanka's Central Bank has established a new department named "Foreign Remittances Facilitation Department" (FRFD) to facilitate and streamline workers' …
Sri Lanka’s official reserves were 2.6 billion US dollars (USD 2,581.3mn) by the end of September, down from 3.5 billion US dollars in August, the latest …
Sri Lanka's Central Bank requests the government to tax profits of exporters at 28 percent and not 14 percent where forex is not repatriated & converted. …
Steps must be taken to strengthen the systems to ensure monitoring and to implement measures that lead to the complete repatriation and conversion of export …
Coupled with limited external financing options and pandemic-related lockdown weighing on the recovery of non-debt generating inflows, the FX reserves data …
Sri Lanka’s gross official reserves were 3,550.7 million US dollars by the end of August, up from 2,805.9 million US dollars in July, the latest Central Bank …
The Government of Sri Lanka intends to raise Foreign Currency Term Financing Facility (FCTF) denominated in United State Dollars (USD), Euro, Chinese Renminbi …