Sri Lankan rupee extends gains; foreign interest boost stocks
August 24, 2006 (LBO) – The Sri Lankan rupee firmed up against the U.S. dollar Thursday, while share prices rose on foreign investors’ interest in …
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Sri Lanka government raises US $ 175 million dollars
August11 (LBO) – A Sri Lankan government 3-year dollar bond issue had been more than twice oversubscribed allowing the government to raise more money …
Sri Lanka Central Bank ups rates; more hikes likely
July 24, 2006 (Dow Jones)–The Central Bank of Sri Lanka raised the repurchase rate and the reverse repo rate by 12.5 points each over the weekend, the …
Sri Lankan rupee strengthens; shares close narrowly mixed
July 7, 2006 (LBO) – Colombo share prices closed little change in moderate trade Friday, but the rupee rallied a touch on some dollars sales by state …
Sri Lankan rupee ends tad higher; Colombo share prices gain
July 5, 2006 (LBO) – Sri Lankan rupee gained marginally, while shares prices in Colombo finished up Wednesday, as the government stepped up security amid …
Shares prices close flat; rupee steadies against the U.S. dollar
July 4, 2006 (LBO) – Shares prices in Colombo closed flat Tuesday on lackluster trade awhile the Sri Lankan rupee gained marginally against the dollar, …
Sri Lanka’s Central Bank governor wants to keep rates steady
July 3, 2006 (LBO) – Sri Lanka does not need to raise interest rates despite galloping inflation and negative real interest rates, the island’s …
Sri Lanka’s borrowing costs rise
June 21, 2006 (LBO) – Sri Lanka’s borrowing costs went up during Wednesday’s treasury bill auction, as the Central Bank bought a further …
Sri Lanka policy turns more hawkish
June 20, 2006 (Dow Jones)–Sri Lanka’s central bank signaled a more hawkish stance when it increased its policy rates sooner than expected last …
Sri Lanka hikes interest rates by 25 basis points to curb inflation
June 16, 2006 (LBO) – Sri Lanka’s Central Bank unexpectedly raised key interest rates by 25 basis points after a five month lag Friday, in a bid to …
Sri Lanka’s Central Bank likely to freeze main interest rates
June 12, 2006 (LBO) — Sri Lanka’s central bank is likely to keep its benchmark interest rates unchanged for the sixth month in a row, preferring a …
Sri Lankan rupee weakens, while stocks perk despite heavy foreign selling
June 2, 2006 (LBO) – Sri Lankan stocks closed the week on a high note, while the rupee dipped further against the dollar, as financial markets reacted …
Sri Lanka leaves interest rates at current levels for fifth straight month
May 15, 2006 (LBO) – Sri Lanka’s Central Bank opt to maintain its policy rates for the fifth straight month Monday amidst a possible bottoming out …
Sri Lanka likely to maintain key interest rates, despite deteriorating security situation
May 14, 2006 (LBO) – Sri Lanka’s Central Bank is likely to maintain its policy rates for the fifth straight month amidst a possible bottoming out …
Sri Lanka launches coin series to commemorate Buddhist anniversary
May 11, 2006 (LBO) – Sri Lanka Thursday launched a series of commemorative coins to celebrate the 2550 anniversary of the Buddha, the Central Bank said. …
Standard & Poor’s cuts Sri Lanka’s credit outlook
Apr. 27 (LBO) – International rating agency Standard & Poor’s Thursday lowered Sri Lanka’s credit outlook to negative from stable, amid …
Sri Lanka’s Central Bank reports highest ever cash outlay last week
Apr.19 (LBO) – Sri Lanka’s Central Bank issued 165 billion rupees in cash, the highest ever so far, to meet last week’s New Year shopping …
Sri Lanka’s Central Bank scrambles to satisfy unprecedented cash demand
Apr.17 (LBO) – Sri Lanka’s Central Bank scrambled to cater to an unusually heavy demand for currency notes over the April festive holiday season. …
Sri Lanka’s Central Bank maintained policy rates for the fourth straight month
Apr.12 (LBO) – Sri Lanka’s Central Bank Wednesday maintained policy rates for the fourth straight month as they are comfortable with economic …
Bond traders divided over a change in Sri Lankan interest rates
Apr.11 (LBO) – Sri Lanka’s Central Bank is unlikely to cut interest rates this month, though some traders are expecting a 25 basis point cut. -Mel …