Sri Lanka kills some liquidity ahead of cash flood
July 01, 2013 (LBO) – Sri Lanka’s central bank has killed billions of rupees in excess liquidity ahead of a flood of new cash into the interbank …
Money
Sri Lanka rupee reaches 130 to the dollar
June 27, 2013 (LBO) – Sri Lanka’s rupee was quoted as weak as 130.75/90 to the US dollar in the spot market Thursday, dealers said. In December the …
Sri Lanka rupee weakens below 127 to dollar
June 11, 2013 (LBO) – Sri Lanka’s rupee weakened below 127 to the US dollar in the spot market in mid morning trade Tuesday, amid excess liquidity, …
Sri Lanka Singer Finance debt rated ‘BBB+(lka)’
June 03, 2013 (LBO) – Fitch Ratings has given a ‘BBB+(lka)’ expected rating to a proposed 1.25 billion rupees senior debenture issue by …
Argentine case a challenge to debt restructurings: IMF
WASHINGTON, May 23, 2013 (AFP) – The New York legal case over Argentina’s debt poses a deep challenge to all future sovereign debt restructurings, …
Sri Lanka’s Ceylon Gilt Edged Fund rated ‘AAA(lka)’ by Fitch
May 21, 2013 (LBO) – Fitch ratings has given an ‘AAA(lka)’ national fund credit rating form Ceylon Gilt Edged Fund, managed by Ceylon Asset …
Sri Lanka rupee strengthens amid tight liquidity
May 16, 2013 (LBO) – Sri Lanka’s rupee strengthened to 125.70/80 to the US dollars in the spot in mid morning trade Thursday, amid tight liquidity …
Sri Lanka market interest rates drop after rate cut
May 14, 2013 (LBO) – Sri Lanka’s market interest rates has eased down with the effective policy rate settling at around 7.8 percent though cash …
Sri Lanka rupee held below Rs127.00 to US dollar
Apr 24, 2013 (LBO) – Sri Lanka’s rupee steadied at slightly below 127.00 rupees to the US dollar in the spot market helped by selling from a state …
Sri Lanka rupee weaker after traditional festival
April 19, 2013 (LBO) – Sri Lanka’s rupee weakened to 125.90/126.00 levels Friday from Thursday’s close of 125.72/78, in a steadily weakening …
Sri Lanka foreign reserves at US$6.8bn in January 2013
Apr 03, 2013 (LBO) – Sri Lanka’s foreign reserves had edged marginally lower by 22 million US dollar in January 2013 to 6,855 million US dollars …
Merchant Bank of Sri Lanka wraps up debenture
Mar 21, 2013 (LBO) – Merchant Bank of Sri Lanka, a unit state-run Bank of Ceylon said it had raised 2.0 billion rupees from listed debenture which was …
Sri Lanka rupee strengthens above 126 to the US dollar
Mar 12, 2013 (LBO) – Sri Lanka rupee was quoted stronger at 125.95/126.00 to the US dollar in late afternoon trade Tuesday in the spot market, up from a …
Sri Lanka Merchant Bank to sell Rs.2.0bn in debentures
Mar 11, 2013 (LBO) – Merchant Bank of Sri Lanka, a unit of state-run Bank of Ceylon is offering for sale up to 2.0 billion rupees of 4 and 5-year listed …
Sri Lanka’s ‘B+’ rating confirmed by S & P, amid warnings
Mar 01, 2013 (LBO) – Standard and Poor’s Ratings Services has confirmed a ‘B+’ sovereign rating for Sri Lanka with a …
Sri Lanka rupee weakens amid excess liquidity
Feb 19, 2013 (LBO) – Sri Lanka’s rupee weakened below 127.00 to the US dollar in the spot market Tuesday following a prolonged period of excess …
Sri Lanka issues rule for money brokers
Feb 08, 2013 (LBO) – Sri Lanka’s central bank has issued new regulations covering the money broking industry requiring them to be certified, set up …
Sri Lanka three, six month Treasuries yields drop
Feb 06, 2013 (LBO) – Sri Lanka’s 3-month Treasuries yield dropped 22 basis points to 9.25 percent at Wednesday’s auction but the 12-month …
Sri Lanka’s Eagle Gilt Edged Fund retains top rating
Jan 28, 2013 (LBO) – An ‘[SL] AAAmf’ for Eagle Gilt Edged Fund, a mutual fund managed by Sri Lanka’s NDB Wealth Management has been …
Sri Lanka rupee weakens amid liquidity surge
Jan 23, 2013 (LBO) – Sri Lanka rupee has weakened over the past two days amid a surge of liquidity in interbank markets, with the spot US dollar quoted …