Sri Lanka rupee ‘overvaluation’ call difficult: IMF rep
July 24, 2012 (LBO) – It is difficult to say whether Sri Lanka’s rupee is ‘overvalued’ and any specific level no longer matters because …
Money
Sri Lanka rupee extends gains
July 23, 2012 (LBO) – Sri Lanka’s rupee rose to 130.90/131.05 levels against the US dollar Monday extending earlier gains with inflows as monetary …
Sri Lanka rupee makes steep gains
July 20, 2012 (LBO) – Sri Lanka’s rupee made steep gains against the US dollar rising as much as 131.50/80 in late morning trade, after opening …
Sri Lanka money markets tight, rupee steady
July 16, 2012 (LBO) – Sri Lanka’s cash markets were tight Monday with overnight gilt backed money quoted at 9.55/65 percent very close to the …
Sri Lanka excess liquidity up, rates lower
July 06, 2012 (LBO) – Excess liquidity in Sri Lanka’s interbank markets have topped 20 billion rupee over the past three days easing tighter …
Sri Lanka rupee gains
June 28, 2012 (LBO) – Sri Lanka’s rupee rose as much as 132.50 in intra-day trading on Thursday amid state bank selling before settling around …
Sri Lanka’s battered currency might see some respite: report
June 22, 2012 (LBO) – Sri Lanka’s currency is expected to firm up later this year, while treasury yields could creep up on fiscal slippages, a …
Sri Lanka to sell $150 mn in debt
June 20, 2012 (LBO) – Sri Lanka’s public debt office is seeking bids to raise 150 million dollars via a bond issue, a public notice said. Those …
Sri Lanka money markets reach policy rates
June 19, 2012 (LBO) – Sri Lanka’s money markets were tight Tuesday with gilt backed repos quoted at 9.50/70 percent around the policy interest rate …
Sri Lanka’s foreign reserves at US$5.8bn by April
June 12, 2012 (LBO) – Sri Lanka’s foreign reserves rose to 5,835 million US dollars in April from 5,730 million US dollars in March, which was …
Sri Lanka rupee weakens to new low
June 12, 2012 (LBO) – Sri Lanka’s rupee was quoted as low as 133.60/90 to the US dollar in intra-day spot trade Tuesday and recovered following …
Sri Lanka rupee weakens, rates up
June 11, 2012 (LBO) – Short term rates picked up as liquidity dried up in money market and the spot US dollar rose as high as 131.80/90 Monday, dealers …
Sri Lanka rupee weaker, rates steady
May 29, 2012 (LBO) – Sri Lanka’s rupee was quoted weaker around 131.40/50 to the US dollar in the spot market Tuesday while bond yields were flat …
Sri Lanka benefits from new $2bn SAARC currency swap
May 21, 2012 (LBO) – Sri Lanka is among the South Asian countries, who will benefit from a 2.0 billion dollar currency swap arrangement set up by India, …
Sri Lanka interest rates move up, liquidity tighter
May 04, 2012 (LBO) – Sri Lanka’s overnight interest rate hovered nearer to a recently hiked policy rates Friday amid tighter liquidity, supporting …
Sri Lanka rupee in volatile ride
May 02, 2012 (LBO) – Sri Lanka’s rupee went on a wild ride Wednesday in thin trade in a market where there is little depth and uncertainty is high …
Sri Lanka pays back money printed in April
May 01, 2012 (LBO) – Sri Lanka’s Treasury has repaid most of the money borrowed from the banking system including printed money from the Central …
Sri Lanka rupee edges lower
Apr 25, 2012 (LBO) – Sri Lanka’s rupee was quoted at a new low of 132.80/133.20 against the US dollar edging down to a new low in mid morning trade …
Sri Lanka rupee hits new low
Apr 24, 2012 (LBO) – Sri Lanka’s rupee hit a new low of 132.20 against the US dollar in the spot market mid-morning trade Tuesday dealers said, as …
Sri Lanka rupee weak, money markets liquid -Update
Apr 23, 2012 (LBO) – Sri Lanka’s currency weakened Monday to above 131 rupees to US dollar after opening at 129.90/130.20 levels against the US …