Sri Lanka’s exports declined 4.2 pct in June while imports up: Central Bank

Aug 21, 2015 (LBO) –Sri Lanka’s exports earnings recorded a decline of 4.2 per cent, year-on-year, to 944 million US dollars in June 2015, led by lower earnings from tea, textiles and garments, rubber products and seafood exports.Total imports rose 13.5 percent to 1.33 billion dollars led by imports of vehicles for personal usage and […]

Sri Lanka Central Bank establishes legal and compliance Dept

June 12, 2015 (LBO) – The Central Bank of Sri Lanka said that it has established a ‘legal and compliance department’ to entrust the discharge of duties under several legislative enactments which provide powers relating to the supervision and control of banking institutions, non-bank financial institutions and leasing companies. Accordingly, this department is expected to […]

Sri Lanka’s exports decreases marginally, Imports down: Central Bank

June 02, 2015 (LBO) –Sri Lanka’s exports earnings declined marginally by 0.9 per cent, year-on-year, to 1,060 million US dollars in March 2015, led by tea followed by precious metals and textiles and garments exports, the Central bank said. Sri Lanka reported 1,070 million US dollars of exports in March 2014, the highest monthly earnings […]

Sri Lanka raise USD 988mn in sovereign and development bonds: CB

May 29,2015 (LBO) – The Central Bank of Sri Lanka (CBSL), on behalf of the government successfully launched and priced a 650 million US dollar, 10-year international sovereign bond (issue) at a yield of 6.125 per cent per annum on 28th May 2015, the bank said.CBSL also issued 329 million US dollar of Sri Lanka […]

Sri Lanka Treasury bill yields drop

Sri Lanka’s Treasury bill yields were down at Wednesday’s auction with 3-months yield dropped by 0.02 basis points and 6-month yields dropped by 0.03 basis points, data from the state debt office showed.It was decided to accept 11,129 million rupees from the auction of 03 month yield from received 18,628 million rupees worth bills.Treasury bills […]

‘s Central Bank to open a regional office in Kilinochchi

May 04, 2015 (LBO) – The Central Bank of Sri Lanka will be opening its regional office in in Ariviyal Nagar, Kilinochchi on 06th of May, a statement said. The bank will declared open by Minister of Resettlement, Reconstruction and Hindu Affairs D M Swaminathan and Deputy Minister of Policy Planning, Economic Affairs, Child, Youth […]