Tag: CBSL
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Debt Default: Did Sri Lanka pull the plug just for US$ 78 million?
Debt Default: Did Sri Lanka pull the plug just for US$ 78 million?
Essential food importers struggle to settle US $ 50mn owed to suppliers
Sri Lanka’s essential food importers are struggling to settle US $ 50 million owed to their suppliers, imported under credit terms, due to the...
Interest rates on Treasury bills rise to record levels
The yields of the Treasury bill auction yesterday jumped across the board to their highest levels in many years, in line with Friday’s 700-basis...
Sri Lanka rupee goes up up and away due to ill timed floating
Sri Lanka rupee traded around Rs.369.55 on Monday 11 while it stood at Rs. 326 to the US dollar during the day on Friday...
New CB Chief attacks exchange rate policy urging the public patience
The newly appointed Central Bank Governor Nandalal Weerasinghe issued a strong new policy directive, saying the Central Bank (CB) would curb excessive money printing,...