Sri Lanka official reserves rebound to USD7.9bn in February
Mar 16, 2018 (LBO) – Sri Lanka’s gross official reserves have improved to 7,914.33 million US dollars by the end of February from 7,672.75 million dollars …
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Not expecting rise in domestic interest rates: CB
Mar 05, 2018 (LBO) – Sri Lanka’s Central Bank responding to misleading news reports said it is not expecting a rise in domestic interest rates in …
Frontier Research outlines salient features of new Forex Act
Feb 21, 2018 (LBO) – Sri Lanka’s new Foreign Exchange Act came into effect last year after the Parliament passed it with amendments. The new law removed …
Sri Lanka official reserves improve to USD8bn by end 2017
Jan 12, 2018 (LBO) – Sri Lanka’s gross official reserves have improved to 7,952.58 million US dollars by the end of last year from 7,319.40 million dollars …
Governor received bond commission report yesterday: Central Bank
Jan 11, 2018 (LBO) – Central Bank revealed Thursday that the secretary to the President has handed over a copy of the bond commission report to the Governor …
IFC, CB partner to create Sri Lanka’s first national financial inclusion strategy
Jan 09, 2018 (LBO) – IFC, a member of the World Bank Group has partnered with the Central Bank to develop the country’s first National Financial Inclusion …
Central Bank extends suspension of Perpetual Treasuries for 6 months
Jan 05, 2018 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Limited from carrying on the business …
If we are going for a sovereign bond, better to go early: CB Governor
Jan 04, 2018 (LBO) – Central Bank Governor Indrajit Coomaraswamy says if Sri Lanka wants to issue a sovereign bond this year, it is better to issue it as …
Sri Lanka to raise USD5Bn from Sovereign and Development Bonds in 2018
Jan 04, 2018 (LBO) – Sri Lanka’s cabinet of ministers have given approval to raise up to US 2 billion dollars through foreign commercial …
Sri Lanka official reserves drop to USD7.3bn in November
Dec 16, 2017 (LBO) – Sri Lanka’s official reserves have dropped to 7,319.40 million US dollars in November from 7,489.98 million dollars in October, …
IMF completes 3rd review; approves USD251.4Mn disbursement
Dec 08, 2017 (LBO) – IMF Executive Board has completed the third review of Sri Lanka’s Extended Fund Facility arrangement, which enables the disbursement …
New reforms to create win-win situation for Central Bank & Treasury
Nov 24, 2017 (LBO) – Proposed Liability Management Act and recently introduced market-based Treasury bond auction system will create a win-win situation for …
Sri Lanka official reserves improve to USD7.5bn by end October
Nov 13, 2017 (LBO) – Sri Lanka’s gross official reserves have improved to 7,489.98 million US dollars by end October from 7,288.12 million dollars in …
Sri Lanka’s Central Bank keeps policy rates steady
Nov 07, 2017 (LBO) – Sri Lanka’s Monetary Board of the Central Bank has decided to keep its key interest rates steady despite rising headline inflation. …
CSE to conduct national survey to understand public on share investments
Oct 25, 2017 (LBO) – Colombo Stock Exchange (CSE) plans to conduct a national survey to evaluate the understanding of the public on share investments. The …
Mastercard Opens-Up Access to Blockchain API for Partner Banks and Merchants
(PRESS RELEASE) – Provides connections into other Mastercard APIs to create new digital commerce experiences; API to be featured at Money20/20 Hackathon …
PM to introduce liability Mgmt. fund; funds to be raised with transparency
Oct 20, 2017 (LBO) – Sri Lanka’s Prime Minister told Parliament Friday that they will introduce a comprehensive secondary market trading platform and a …
External pressures constrain Sri Lanka’s credit profile: Moody’s
Oct 17, 2017 (LBO) – Moody’s Investors Service says that Sri Lanka’s (B1 negative) significant borrowing requirements and heavy reliance on …