BUSINESS

BJP’s Subramanian Swamy castigates India for not helping SL at her hour of need

Indian politician, economist and statistician Subramanian Swamy has castigated his Government for the failure to extend critical support to Sri Lanka at her neediest hour. “If...

Debt moratorium for Covid-19 affected borrowers extended

In what is seen as the latest move to extend relief to the pandemic-affected borrowers, the Central Bank has asked the banks to extend...

Reserve position surge claimed by CBSL Chief like ‘Cobra appeared out of Kelani River’

The spontaneous surge of the foreign reserve position to US$3.1 billion claimed by the CBSL Governor is merely a media showoff resembling the 'Cobra...

25 per cent of dollar reserves in commercial banks to be transferred to CBSL

25 per cent of dollar reserves possessed by commercial banks in Sri Lanka must be transferred to the Central Bank of Sri Lanka (CBSL),...

Foreign reserves rise to 3.1 billion – Cabraal announces in a Tweet

At present Sri Lanka's official foreign exchange reserves have increased to US $ 3.1 billion. The Governor of the Central Bank Ajith Nivard Cabraal...

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