Sri Lanka gross official reserves at USD7.6bn this week: Central Bank
June 26, 2015 (LBO) – Sri Lanka’s gross official reserves are estimated to have increased to 7.6 billion US dollars as of 22 June 2015, and expected to …
Money
Central Bank says currency issue valid and reclarifies appointment of Governor
June 24, 2015 (LBO) – Sri Lanka’s Central Bank on Wednesday reclarified the validity of the appointment of the present governor and validity of the …
Sri Lanka’s Central Bank to have $1.1bn currency swap extension from India
Apr 23, 2015 (LBO) – Sri Lanka’s Central Bank is to enter into an agreement with India to extend its currency swap facility by 1.1 billion US …
Sri Lanka’s UDA to sell Rs30bn listed debt
Aug 01, 2014 (LBO) – Sri Lanka’s Urban Development Authority is planning to sell up to 30 billion rupees of Treasury guarantee listed debt in three …
Singer Sri Lanka debt downgraded to ‘A-(lka)’
May 19, 2014 (LBO) – Senior debt of Singer Sri Lanka Plc, a consumer durables maker has been downgraded one level to ‘A-(lka)’ by Fitch …
Sri Lanka gilt dealers invited to trade in listed debt, REPOs in the offing
May 19, 2014 (LBO) – Colombo Stock Exchange has invited Sri Lanka’s primary dealers in government debt and specialists in debt to register at the …
Sri Lanka fixed income fund earns 15.49-pct
Apr 29, 2014 (LBO) – Sri Lanka’s First Capital Asset Management (FCAM) said its fixed income fund returned 15.49 percent net of tax in 2013. The …
Sri Lanka interest rates tighter ahead of dollar inflow
Jan 17, 2014 (LBO) – Sri Lanka’s overnight market rates and medium term bond yields picked up slightly ahead of an expected liquidity flood from a …
Sri Lanka foreign reserves at US$7.0bn in September
Dec 15, 2013 (LBO) – Sri Lanka’s foreign reserves eased to 7.0 billion US dollars in September 2013 from 7.5 billion US dollars in August, official …
Sri Lanka mortgage lender to sell Rs2bn in debt
Oct 08, 2013 (LBO) – Sri Lanka’s HDFC Bank, a mortgage lender is planning to sell 2.0 billion rupees in secured debt. Fitch has rated the lender …
Sri Lanka Bank of Ceylon to sell Rs8.0bn in debt
Sept 27, 2013 (LBO) – Sri Lanka’s state-run Bank of Ceylon is to raise 8.0 billion rupees through subordinated debt, Fitch Ratings said giving a …
Sri Lanka bank liquidity surge, overnight rates lower
Sept 23, 2013 (LBO) – Sri Lanka’s interbank rupee liquidity has surged to 80 billion rupees, following the conversion of proceeds of the a dollar …
Sri Lanka stocks down, rupee stronger
Sept 23, 2013 (LBO) – Sri Lanka stocks fell 0.54 percent Monday losing some of gains from a surge on Friday the rupee strengthened, brokers and dealers …
Sri Lanka sells smaller bill volume at auction
Sept 04, 2013 (LBO) – Sri Lanka has accepted only 2.7 billion rupees of bids for an auction of 9.0 billion rupees of maturing bills Wednesday with yields …
Sri Lanka Forex Association gets new head
Sept 03, 2013 (LBO) – Sri Lanka Forex Association, made up members engaging in dealing Treasury related products in the island’s interbank markets …
Sri Lanka rupee under moral suasion, bonds ease
Aug 30, 2013 (LBO) – Sri Lanka’s rupee was quoted at 132.95/133.10 to the US dollar in the spot next market amid moral suasion dealers said while …
Sri Lanka tightens rules on car imports amid currency pressure
Aug 30, 2013 (LBO) – Sri Lanka has imposed a 100 percent cash margin on letters of credit to import cars to slow the imports of cars, the Central Bank …
Sri Lanka opposition warns on foreign borrowings, exchange rate
Aug 29, 2013 (LBO) – Sri Lanka’s main opposition United National Party has warned on continued foreign borrowings and the current developments in …
Sri Lanka’s rupee hits new low
Aug 28, 2013 (LBO) – Sri Lanka’s rupee hit a new low of near 135.00 to the US dollar in the spot next market Wednesday dealers said, while bond …
Sri Lanka rupee fall temporary aberration: CB Governor
Aug 28, 2013 (LBO) – A sharp fall in Sri Lanka’s rupee was a temporary aberration Central Bank Governor Nivard Cabraal said after the rupee …