Sri Lanka 3-month treasuries soar to 21.30-pct
Dec 26, 2007 (LBO) – Sri Lanka’s 3-month treasury bill yield soared 116 basis points to 21.30 percent amid a year-end cash crunch as the Central …
Money
Sri Lanka rupee closes higher on equity flows; money spikes
Dec 20, 2007 (LBO) – The Sri Lanka rupee closed higher against the greenback as money spiked in tight conditions Thursday, while the state debt office …
Sri Lanka stocks weaker, rupee steady
Dec 17, 2007 (LBO) – Sri Lanka stocks closed 0.55 percent lower amidst lackluster trading Monday, while the rupee was steady against the greenback at …
Sri Lanka rupee volatile against greenback Monday
Dec 10, 2007 (LBO) – The Sri Lanka rupee came down from early highs of 108.10/20 against the greenback to lows of 109.50 in spot trade Monday showing …
Sri Lanka rupee gains on the greenback; intra day peak of 108.70
Dec 05, 2007 (LBO) – Sri Lanka rupee rose sharply against the greenback in spot trade Wednesday on the back of foreign purchases of rupee bonds, dealers …
Sri Lanka inflation rockets 4.4-pct in November
Nov 30, 2007 (LBO) – Consumer prices in Colombo’s capital jumped 4.4 percent in November keeping 12-month inflation at a record 19.6 percent for …
Sri Lanka treasuries up 100 basis points
Nov 28, 2007 (LBO) – One year treasury yields went up 100 basis points to 19.07 percent as the central bank stayed out of the primary market and allowed …
Sri Lanka rupee gains, excess liquidity drops
Nov 12, 2007 (LBO) – The Sri Lanka rupee strengthened to 110.32/35 in spot trade Monday recovering losses made last week dealers said, while the central …
IMF urges care in commercial borrowing for conflict countries
WASHINGTON, Oct 19, 2007 (LBO) – IMF chief Rodrigo de Rato said countries emerging from conflict should be careful about commercial borrowing, but …
Sri Lanka mulls introducing derivatives contracts
Oct 16, 2007 (LBO) – Sri Lanka’s financial sector has been advised to exercise caution in launching derivatives which are yet new instruments in …
Fitch gives Sri Lanka sovereign bond BB- rating; warns against bad budgets and war
Oct 08, 2007 (LBO) – Fitch Ratings has given a speculative BB- rating for Sri Lanka’s upcoming sovereign bond but warned that a worsening conflict …
Sri Lankan stocks tumble after opening higher, markets await rate decision
Sept 28, 2007 (LBO) – Sri Lankan stocks tumbled soon after opening with brokers saying investors were largely inactive, as markets awaited a money policy …
Sri Lanka to issue non-tradeable loans again
Sept 27, 2007 (LBO) – Sri Lanka’s government has announced the resumption of a loan program that was previously scrapped as the country developed …
Sri Lanka says human rights criticism is neo colonialism
Sept 26, 2007 (LBO) – Sri Lanka has rejected criticism of its human rights record by Western countries saying it was being unfairly targeted in a …
Sri Lanka claims killing 13 Tamil Tigers
COLOMBO, Sept 26, 2007 (AFP) – Sri Lankan troops shot dead 13 suspected Tamil Tiger rebels in clashes across northern defensive lines, the defence …
Sri Lanka central bank says narrow trade gap is good for rupee
Sept 19, 2007 (LBO) – Sri Lanka’s central bank says a recent fall of the rupee is not in line with a narrowing of the trade gap, as the rupee …
Sri Lanka rupee edges lower on state name buying
Sept 18, 2007 (LBO) – Strong buying interest from a state name that usually represent government accounts pushed the rupee lower in late afternoon …
Sri Lanka markets open after weekend, rupee flat
Sept 10, 2007 (LBO) – The Sri Lanka rupee was quoted at 113.25/28 flat against the spot dollar Monday with overnight call money peaking at 16.00 before …
Asia Pacific leaders close summit with trade plea
SYDNEY, Sept 9, 2007 (AFP) – Key world leaders called Sunday for “urgent” efforts to salvage global talks on trade as they wrapped up a …
Sri Lanka rupee firms in dull trading
Sept 07, 2007 (LBO) – The Sri Lanka rupee closed firmer at 113.25/28 against the greenback Friday, up from yesterday’s close of 113.27/32, dealers …