Category: 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 currency notes issued by the Bank on 04 February 2015.The press release issued by the Central Bank is reproduced below. VALIDITY OF THE GOVERNOR’S APPOINTMENT AND THE CURRENCY NOTES ISSUED […]
‘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 dollars. The union cabinet chaired by the Indian Prime Minister on Wednesday gave its ex-post-facto approval for entering into an agreement with the Sri Lankan Central Bank for […]
Steady Flow
Treasury bill yields remained flat at Mondays auction signaling a steady outlook for short-term interest rates.The Central Bank offered and accepted bids for Rs.7,797 mn, though the auction was received bids for Rs.16,242 mn.rn rnThe bank retired Rs. 2,500 mn worth of bill that retired this week.rn rnThree-month yields slipped 200 basis points to 7.77 […]