Sri Lanka’s possible fiscal slippage, main argument for not relaxing policy: CBSL Chief
July 12, 2019 (LBO) – Sri Lanka’s possible fiscal slippage is the main argument against relaxing monetary policy, the Central Bank Governor Indrajit …
Money
Sri Lanka reserves improve to USD 8.9bn by end June; YTD rupee appreciation 4.1-pct
July 11, 2019 (LBO) – Sri Lanka's gross official reserves have reached 8.9 billion US dollars by end June 2019, following the receipt of 2 billion US dollars …
Monetary Policy to be maintained allowing impact of previous rate cut to materialize: FCR
July 08, 2019 (LBO) – Sri Lanka’s Monetary Board would continue the policy rates with no change, considering the fact that it is too early to assess the …
Perpetual Treasuries suspension of business activities extended by 6 months
July 05, 2019 (LBO) – Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the …
First Capital upgrades exchange rate outlook for 2019E to LKR 180 from 194
Jun 13, 2019 (LBO) – Sri Lanka's First Capital Research has upgraded their exchange rate outlook for 2019E to 1 USD: LKR 180 from 194 as their 65 percent …
Central Bank will impose lending cap if Sri Lanka banks do not cooperate: CBSL Chief
Jun 03, 2019 (LBO) – Sri Lanka’s Monetary Board would need to consider whether they impose a lending cap if the banks are not cooperative enough to reduce …
Central Bank suspends business activities of NatWealth Securities Limited
May 31, 2019 (LBO) – Central Bank having considered the continuous failure to comply with directions applicable to primary dealers has decided to suspend …
Amidst elevated market lending rates, private sector credit contracted notably: CBSL
May 31, 2019 (LBO) – Sri Lanka's Central Bank on Friday said the market lending rates remained downward rigid, despite the measures already taken while the …
World Bank to allocate USD 250mn policy based guarantee to Sri Lanka for external borrowings
May 29, 2019 (LBO) – The World Bank has offered 250 million US dollars worth policy based guarantee to Sri Lanka for the external borrowings, the Central …
Sri Lanka rupee appreciated 3.8-pct against the US dollar up to 28 May 2019
May 29, 2019 (LBO) - Sri Lankan rupee appreciated against the US dollar by 3.8 percent by end March 2019 compared to end 2018. "Along with the significant …
First Capital Research allocates 95-pct probability for a policy rate cut
May 27, 2019 (LBO) – First Capital Research has allocated a 95 percent probability for a policy rate cut in May 2019 as they are of the view that policy …
Sri Lanka official reserves fall to USD 7.2bn by end April; YTD rupee appreciation 3.7-pct
May 18, 2019 (LBO) – Sri Lanka’s gross official reserves were 7,212.7 million US dollars by the end of April, down from 7,621. online pharmacy buy abilify …
CBSL to resume FX purchases to rebuild net intl reserves to USD6.9bn by end Dec
May 17, 2019 (LBO) – Sri Lanka’s Central Bank said it is committed to rebuild reserves and allow the exchange rate to function as the first line of defense …
Central Bank wants to reduce lending rates to SMEs by 200 bps in near term
Apr 29, 2019 (LBO) – Sri Lanka's Central Bank expects the lending rates to reduce by around 200 basis points to SMEs in the near term that would reduce …
Policy rates could be reduced in future if current trends continue: Central Bank
Apr 08, 2019 (LBO) – Monetary Board of the Central Bank today said that they are of the view that, if the current trends in global financial markets, trade …
Sri Lanka Central Bank maintains policy interest rates at current levels
Apr 08, 2019 (LBO) – Monetary Board of Sri Lanka's Central Bank at its meeting held today decided to maintain policy interest rates at their current levels. …
Sri Lanka official reserves improve to USD 7.6 billion by end March
Apr 05, 2019 (LBO) – Sri Lanka’s gross official reserves were 7,621.9 million US dollars by the end of March, up from 6,035.16 million US dollars in …
50 percent probability for a policy rate cut in April: First Capital Research
Apr 02, 2019 (LBO) – First Capital Research allocates a 50 percent probability for a policy rate cut in Apr 2019 as they are of the view that policy …
Opening of a counter to issue coins to general public
Mar 26, 2019 (LBO) - The Central Bank of Sri Lanka will open a counter at the ground floor of the Central Bank head office building, No.30, Janadhipathi …
Sri Lanka rupee gains: Stocks marginally down
Mar 19, 2019 (LBO) - The Sri Lanka rupee ended firmer at 178.25/40 to the US dollar Monday compared to Friday’s close of 178.40/55 while shares were little …