Sri Lanka on path to cut interest rates later this year
Mar. 24 (LBO) — Sri Lanka is likely to cut interest rates later this year, in a backdrop of declining inflation, a top bureaucrat who plays a key role in …
Money
Sri Lanka taps international markets to change debt profile
Mar. 24 (LBO) — Sri Lanka is working on changing its debt profile, replacing old concessional loans with overseas borrowings and re-allocating low …
Sri Lanka’s Central Bank stays pat on interest rates
Mar. 15 (LBO) – Sri Lanka’s Central Bank Wednesday left its policy rates at current levels for the third straight months, as it expects the …
Sri Lanka plans coin series, stamp to commemorate upcoming Buddhist anniversary.
Feb. 22 (LBO) — Sri Lanka is planning to issue a series of coins to commemorate the upcoming 2550th Bhuddha Jayanthi, but details are still being worked …
Government plans new coins to commemorate religious anniversary
Feb. 21 (LBO) — Sri Lanka’s Central Bank is preparing to issue two new coins commemorating the 2550th ‘Bhuddha Jayanthi’, a top …
Money changers given more time to put up capital
Feb 20 (LBO) – Money changers who lost their license have been given a second chance by the Central Bank to continue their business. Five money changers …
Sri Lanka plans rated bond to restructure debt
Feb. 17 (Dow Jones)– Sri Lanka wants to float an international bond this year to gauge market response as well as see if it can raise debt at a …
Sri Lanka’s Central Bank stays pat on interest rates
Feb. 16 (LBO) – Sri Lanka’s Central Bank Thursday stayed put on policy rates for the second straight month, as it expects the 25-basis point hike …
Sri Lanka?s Central Bank maintains policy rates
Jan. 17 (LBO) — Sri Lanka’s Central Bank Tuesday left its benchmark interest rates unchanged at current levels as it expects the previous …
Sri Lanka raises 100 million dollars to meet oil import bill
Sri Lanka has raised a 100-million-dollar loan from foreign banks to help pay hefty oil import bills that threaten to blow a hole in the country’s …
Sri Lanka issues its first Rs. 2000 note
Sri Lanka has doubled the face value of its highest denomination currency note in a bid to meet the expanding needs of the economy, the Central Bank said …
Primary dealers climb on board the specialised debt exchange
Ending years of haggling, Sri Lanka’s Central Bank has given its blessings to allow secondary market trading of government securities on the specialised …
Sri Lanka’s Central Bank hikes interest rates
Sri Lanka’s Central Bank raised its key interest rates by quarter basis points for the fourth time on Thursday to reign in inflation and curb monetary …
Sri Lanka’s Central Bank hikes interest rates
Sri Lanka’s Central Bank Thursday raised its key interest rates by quarter basis points for the fourth time, to reign in inflation and curb monetary …
Sri Lanka’s borrowing costs flat
Sri Lanka’s borrowing costs were flat at this week’s treasury bill auction, as against the previous week’s sale, the Central Bank said …
Sri Lanka’s Central Bank leaves it policy rates intact
Sri Lanka’s Central Bank opted not to tinker with its policy rates ahead of a crucial Presidential poll on Thursday. Sri Lanka’s Central Bank opted …
Sri Lanka’s borrowing costs go up, speculation of a possible rate hike ahead of polls
Sri Lanka’s borrowing costs went up by about 10-15 basis points at this week’s treasury bill auction, leaving room for speculation that the Central …
Sri Lanka picks Citigroup to raise dollar loan
Sri Lanka has picked Citigroup Inc., of US to lead arrange a US$ 100 million syndication loan for the government, Finance Minister Sarath Amunugama said …
Lanka Rating off to a flying start
Lanka Rating Agency, a unit of Malayasia’s Rating Agency Malaysia, has secured 15 mandates in its first few months of operation, officials said Thursday. …
Central Bank taps primary dealers for ideas
Sri Lanka’s Central Bank has sought views from market players to improve the primary dealer system, in the backdrop of calls to widen the …