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 …
Money
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 …
Liquidity spikes in Sri Lanka money markets
Jan 18, 2013 (LBO) – Liquidity in Sri Lanka’s money markets has climbed to around 40 billion rupees amid dollar inflows bought by the monetary …
Sri Lanka rupee strengthens in early trade
Jan 09, 2013 (LBO) – Sri Lanka’s rupee gained about against the US dollar in mid morning trade Wednesday to 126.25/55 levels in the spot market on …
Sri Lanka gilt yields up in secondary trading
Jan 08, 2013 (LBO) – Sri Lanka government bond yields has picked up after falling steeply over two days ahead of a large bond auction, dealers said. A …
Sri Lanka to issue coin series to depict districts
Jan 03, 2013 (LBO) – Sri Lanka will issue coins with a face of 10 rupees to depict each district in the country in 2013, the Central Bank has said in a …
Sri Lanka rupee extends gains in early trade
Dec 21, 2012 (LBO) – Sri Lanka’s rupee rose sharply against the US dollar in early trade Friday to 125.60/125.80 up from Thursday’s closing …
Sri Lanka credit to business up in Oct
Dec 17, 2012 (LBO) – Sri Lanka’s credit to private businesses rose 29.5 billion rupees to 2,324.4 billion rupees in October 2012 from a month …
Sri Lanka rejects bids for 3-month at auction
Dec 06, 2012 (LBO) – Sri Lanka has rejected all bids for 3-month Treasury bills at an auction on Wednesday while 6 and 12 month bill yields rose by one …
Sri Lanka visit by Financial Markets Association chief
Dec 05, 2012 (LBO) – Manfred Weibogen, head of Paris-based Financial Markets Association, representing forex, money and derivatives traders of the world, …
Sri Lanka’s Seylan Bank to list up to Rs2.0bn in debt
Nov 30, 2012 (LBO) – Sri Lanka’s Seylan Bank will to sell up to 2.0 billion rupees of public listed debentures maturing in five years, abandoning …
Sri Lanka listed debt holders may get trading facilities soon
Nov 21, 2012 (LBO) – Sri Lanka’s listed debt holders will get better facilities to trade and exit their investments with a new trading system …
Sri Lanka rupee extends gains amid tight liquidity
Oct 01, 2012 (LBO) – Sri Lanka’s rupee strengthened to a near four month high Monday with money markets continuing to be tight with the rupee …
Sri Lanka rupee strengthens
Sept 27, 2012 (LBO) – Sri Lanka’s rupee strengthened above 130 to the US dollar in the spot market Thursday with banks being short of cash for six …